Polo Resources Share Discussion Threads

[888icb] 15/5/2017 10:38

GCM UP 11% on volume of 176000 while POL drops 8% on volume of 1000.

[888icb] 13/5/2017 10:12

WTI UP 17.65% and Polo fails to respond positively to good rises in 2 of its investments.

[folderboy] 12/5/2017 13:07

GCM up 15% - and Polo? Well at least it has not fallen . . . . . yet!

[paleje] 09/5/2017 09:28

Thanks for sharing the Ironstone piece, spights, POL needs a bit of cheer. Two years from possible production seems a long time in the lithium market which has got a lot of runners but I liked the bit about broad applications technology being developed with their Vancouver partner and the possible float depending how things go.

[spights] 08/5/2017 17:32

Polo's holding
18.8% equity interest

[spights] 08/5/2017 17:18

The above is fantastic news
What an amazing company

[spights] 08/5/2017 17:04

Hi Maureen:

There are two key activities taking place this summer and we hope to report in the September timeframe the results of the pilot work.

1) Ironstone has created a subsidiary named LithAlta Ltd. to hold our formation brine assets, and we are about to commence two pilot programs to optimize the technology to rapidly pre-concentrate lithium from the brines on our properties in the Clear Hills. This pre-concentrate will then become the feedstock to a traditional refining process to convert it into lithium carbonate for sale to battery manufacturers. The pilot work will be completed by September, at which time we will announce the results and further development plans.

We also are negotiating with a TSX-V traded company to acquire up to 50% of LithAlta for $C2m, which will fund the developments to final investment decision to build a 2,500 tonne per year lithium carbonate manufacturing plant. Our aggressive timeline is for production to potentially start in the 24-mointh timeframe. We believe the technology we are co-developing with a company in Vancouver may have broad application and could provide additional revenue opportunities for the company. This deal may close this month.

2) We have submitted our ore samples to a Canadian company that specializes in building plants based on their proprietary carbonyl iron process to extract iron, vanadium (and cobalt) from ores to produce high-purity and high-value powders. These refined metal powders are typically used in powder metallurgy applications in automotive and aerospace applications, medicine and additive (3D) printing. The powders also command high prices, typically ranging from US$5,000 to US$10,000 per tonne.

A pilot test is currently underway and interim results look very positive. If the process yields the type of product we expect, this could be a transformative event for Ironstone, and could potentially lead to a commercial 5,000 to 10,000 tonne per year operation in the Clear Hills in 24 months or so. Again, we expect to announce the results of this pilot work in the Fall.

Both of the above developments may provide the impetus to take Ironstone and/or LithAlta public in the next 12-18 months, subject to results and market conditions. With the commodity markets improving and demand for electric metals and refined powders holding up, the prospects look positive today.

I expect Polo to continue to report on our progress in their quarterly reports.

If you have any other questions, please do not hesitate to contact me at your convenience.

Warm regards;

Barry

PS: Sunny and warm in Calgary too (we uncharacteristically hit 28˙C a few days ago!).

[spights] 08/5/2017 06:49

Blk up 13%
.35

[spights] 08/5/2017 06:33

Some good news
Blk

[bossman1978] 06/5/2017 23:51

I agree he should be returning money to the long term shareholders like Mr Dattells did. It showed honest values to the shareholders. Who knows if he is honest or not. Time will tell

[failedqs] 04/5/2017 13:42

Well, that's almost 50% down since the turn of the year.
No sign of any respite for long suffering shareholders.
Is it not the case that Tang should be realising the assets for the stated value in the latest accounts, and distributing the money to the owners of the business?.....
He could quadruple the shareprice that way!! Without such a strategy, I now have little doubt that the buffoon Tang will continue to draw his extortionate $1.3m a year until all the cash is gone, and then fold the company and buy the bits he wants (ie GCM stake) for a pittance.

[888icb] 01/5/2017 18:55

Thanks Spights. There have been some issues recently but having read the report I personally think the fall in the share price of Blackham is overdone. I would expect a substantial recovery in the coming weeks.

[spights] 01/5/2017 17:28

Production down

[spights] 01/5/2017 17:28

No nothing other than the weather

[888icb] 01/5/2017 16:10

I have been away for a few days so apologies if I have missed something but do we know why BLK is down 17% today?

[spights] 01/5/2017 15:11

Blk down 17%

[roomb] 28/4/2017 15:13

OK, the share price is a bit lower at present, but then these things do go up and down. BLK will eventually recover and a conflagration in Korea could be good for the oil price, so we could be sitting pretty. That's not to mention the untold riches that will cascade into our laps when GCM gets the GL. I'm not selling just yet.

[spights] 19/4/2017 09:16

www.businessnews.com.au/article/New-model-leads-Blackham-to-high-grades-at-Golden-Age

[spights] 19/4/2017 09:10

hxxps://www.businessnews.com.au/article/New-model-leads-Blackham-to-high-grades-at-Golden-Age?utm_source=Business+News+Mailing+List&utm_campaign=edf94e8b3c-dba&utm_medium=email&utm_term=0_e5391356e5-edf94e8b3c-289406073

[888icb] 16/4/2017 11:58

GCM closed the week with a third day of good volume. It's over 5 months since the MoA was signed with the Chinese so perhaps some news is due.