QLTS Mining Monetization and Trading Group Excerp
Post# of 868
Posted On: 05/21/2016 12:21:02 PM
QLTS Mining Monetization and Trading Group
Excerpt Accesswire 9-4-14
Q Lotus Inc., a wholly owned subsidiary of Q Lotus Holdings Inc., has rights to several mining claims including its ownership of 20 silica mining claims nested in a National Forest in the southwestern area of the State of Oregon. The Company has other mining claims available to it and it is in the process of establishing its own laboratory to best evaluate opportunities on an ongoing basis in mining and monetization. The Q Lotus Mining Monetization and Trading Group has the responsibility for continuing the management, evaluation and prioritization of the use of those assets for the benefit of the shareholders.
The Group is in the process of arranging updated in situ valuations and is also in the process for completing a mining operation and business plan with ongoing consultation and support from the company’s mining partner Prospect Silica Enterprises, Inc. and its team.
Mr. Ron Gibson, who heads Prospect Silica Enterprises, came to obtain the claims in the 1980’s. Drilling random sampling by a third party (Dow Corning), a mining expert and the State of Oregon have all confirmed that Prospect contains exceptionally pure (99%+) silica in quantities so vast it will require multiple generations to mine it all. A 400 acre site 100 feet deep contains over 1.75 Million tons of silica with consistent purity top to bottom. Its value, at a conservative $80 per ton, makes the in situ value of the entire site worth well in excess of $14 Billion according to an earlier appraisal which will be updated by the QLTS Mining Monetization and Trading Group.
Specialty silica’s are used in a vast array of products from green low carbon concrete to rubber tires to golf course sand to pharmaceuticals, food and healthcare to electronics to solar panels to glass and many, many more products. The list is seemingly endless. Silica, one of the most abundant minerals on earth is rarely found in the quantity and purity available at the Prospect.
The Mining, Monetization and Trading Group will be responsible for continuing and building upon efforts of mining monetization abilities for the company to draw upon and to generate cash capital and to coordinating those efforts with trading activities maximizing results for the company and its shareholders. The management and oversight responsibility for the group resides within George Gonzalez who shall be the president of the QLTS Mining Monetization and Trading Group.
Recent experiences with monetization provide the Company excellent additional talent to draw upon and best facilitating monetization and trading activities.
Excerpt Accesswire 9-4-14
Q Lotus Inc., a wholly owned subsidiary of Q Lotus Holdings Inc., has rights to several mining claims including its ownership of 20 silica mining claims nested in a National Forest in the southwestern area of the State of Oregon. The Company has other mining claims available to it and it is in the process of establishing its own laboratory to best evaluate opportunities on an ongoing basis in mining and monetization. The Q Lotus Mining Monetization and Trading Group has the responsibility for continuing the management, evaluation and prioritization of the use of those assets for the benefit of the shareholders.
The Group is in the process of arranging updated in situ valuations and is also in the process for completing a mining operation and business plan with ongoing consultation and support from the company’s mining partner Prospect Silica Enterprises, Inc. and its team.
Mr. Ron Gibson, who heads Prospect Silica Enterprises, came to obtain the claims in the 1980’s. Drilling random sampling by a third party (Dow Corning), a mining expert and the State of Oregon have all confirmed that Prospect contains exceptionally pure (99%+) silica in quantities so vast it will require multiple generations to mine it all. A 400 acre site 100 feet deep contains over 1.75 Million tons of silica with consistent purity top to bottom. Its value, at a conservative $80 per ton, makes the in situ value of the entire site worth well in excess of $14 Billion according to an earlier appraisal which will be updated by the QLTS Mining Monetization and Trading Group.
Specialty silica’s are used in a vast array of products from green low carbon concrete to rubber tires to golf course sand to pharmaceuticals, food and healthcare to electronics to solar panels to glass and many, many more products. The list is seemingly endless. Silica, one of the most abundant minerals on earth is rarely found in the quantity and purity available at the Prospect.
The Mining, Monetization and Trading Group will be responsible for continuing and building upon efforts of mining monetization abilities for the company to draw upon and to generate cash capital and to coordinating those efforts with trading activities maximizing results for the company and its shareholders. The management and oversight responsibility for the group resides within George Gonzalez who shall be the president of the QLTS Mining Monetization and Trading Group.
Recent experiences with monetization provide the Company excellent additional talent to draw upon and best facilitating monetization and trading activities.
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