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Bullboard weighs in on Ecometals (EC) manganese ore news


Ecometals (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
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: V.EC, Stock Forum) announced after Monday’s market close that it has completed its first manganese manganese (măng`gənēs, măn`–) [Lat.,=magnet], metallic chemical element; symbol Mn; at. no. 25; at. wt. 54.938; m.p. about 1,244°C;; b.p. about 1,962°C;; sp. gr. 7.2 to 7.  ore shipment from Port Santana, Brazil.

The company says the shipment of 35,532 tonnes of manganese ore from Port Santana, with a gross value of C$1.1m, represents the first of two shipments of the manganese ore that was stockpiled at the port, and says a second shipment of approximately 15,000 tonnes is planned shortly.

With the completion of this shipment, the company says it will now apply for three new permits, with the first application for the export of up to a further 300,000 tonnes of manganese ore direct from its manganese stockpiles at Serra do Navio Serra do Navio is a municipality located in the center of the state of Amapá in Brazil. Its population is 3,724 and its area is 7,757 km². . The second and third licenses will be the simultaneous applications for the preliminary and installation licenses which will allow the company to start the construction of a jigging jig 1  
n.
1.
a. Any of various lively dances in triple time.

b. The music for such a dance. Also called gigue.

2. A joke or trick. Used chiefly in the phrase The jig is up.
 process plant at the Serra do Navio mine.

"This first shipment is a major step forward for Ecometals as it represents the commencement of the Company's commercialisation of its projects in the State of Amapa. Subject to funding and permits, we intend to now actively progress our manganese capital project at Serra do Navio with resulting further manganese beneficiation beneficiation

Treatment of raw material (such as pulverized ore) to improve physical or chemical properties in preparation for further processing. Beneficiation techniques include washing, sizing of particulates, and concentration (which involves the separation of valuable
 and shipments from Brazil," says the company’s COO Daniel Major.

On the Ecometals Bullboard, which had the most posts early Tuesday morning, donny2 offered the following thoughts:

“What is unique about EC is that it has the ability to self fund its operations through sales of existing stockpiles of Manganese. For those with the memory of Aurelian and its activity at Fruta del Norte Del Norte can refer to multiple things:
  • Del Norte County, California
  • Del Norte, Colorado
 (one of the biggest gold finds in the past 30 years), that is the attraction. It means no need for dilutive equity raising games while the potential of our holdings in Ecuador are properly explored. I still remember watching Aurelian explode higher after it's strike. And not owning any shares. And while our activities in Brazil are a great relief, and provide financial resources, it is the potential of Ecuador- and my memory of Aurelian- that has my strong attachment to EC[sic Latin, In such manner; so; thus.

A misspelled or incorrect word in a quotation followed by "[sic]" indicates that the error appeared in the original source.
]”.

To follow the conversation, visit the Ecometals Bullboard.
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Author:Buzz on the top Board
Publication:Stockhouse
Date:Jun 30, 2009
Words:355
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