Mantra to Target $1.5 Billion Steel Pickling Market in 2009
Company will use patent pending, proprietary ERC technology to optimizesteel production.
Mantra's 2009 initiative comes on the heels of recent announcements that separate the company from others in the sustainability industry including invitations to a prestigious Clean Technology summit and the creation of an elite management team. Moreover, the company views the enormous steel industry as but one profitable realm in their near future and expects to implement ERC technology in a wide range of applications including next generation fuel cells, feedstock preservatives, de-icing solutions, baking soda and more. Mantra also believes they can be competitive in the areas of stored power, such as batteries, and will communicate any new developments as they occur.
The ERC process, defined as the Electrochemical Reduction of Carbon dioxide, combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of fossil fuels. However, ERC has an advantage over the established thermochemical methods for converting carbon dioxide to liquid fuels.
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the markets they are into are untapped and can create Mantra huge revenues.. especially with a democratic president coming in that will offer federal funding for alternative energy!! huge opportunity to get into this baby at a near low!!
-------------------- My picks are strictly opinions, please do your own dd.
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great start to the day with nice little volume in the first 30 minutes, all buys at the ask, we should be in the .30s next week for sure, if not today or tomorrow
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Here is a post that I agree with 100%! the markets they are into are untapped and can create Mantra huge revenues.. especially with a democratic president coming in that will offer federal funding for alternative energy!! huge opportunity to get into this baby at a near low!!
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Need a little chatter here. Any newbies are encouraged to go back and read all of the great DD that has been posted over the past few days!
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still looking good today, that .29 seems a little tough, but it should fall by eod with all the buying at the ask going on, this company's got too many things ahead for people to bidwhack
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Nite seems to definitely be the axe here, he moves off the ask and I don't think .30 is much resistance, he can't have to much left there at .29, I'm still predicting a break and test of .30 before closing bell
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This company is going places, they have so many good projects and now with the government support, contracts will be a breeze, only a matter of time before the revenues start rolling in
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I think i may have to write a book to tell you all about why Mantra will have a great future because the story is amazing. We have a technology that could potentially change the way industry works (ie. steel, pulp) These devices can be built on-site of lets say a steel plant where the CO2 is captured from the exhaust, processed through the , formic acid is produced, then back into the plant for use in that companies process. Closed loop. In the steel pickling industry, Hydrochloric Acid (HCl) is used at great volumes. That is the market that mantra is targeting. We have industry collaboration in the pipe and government collaboration underway. There really isn’t a better time to be in this business. Timing is perfect and the technology holds massive potential.
Here is a link so you can listen to one of our other scientists speak about this technology and what it can do. His name is Norman Chow.
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.30s up and ut on bid as well, looking strong going into the close, should be nice going into the weekend in the thirtys tomorrow with the summit this weekend
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Parabolic SAR and MACD are very bullish now on 15 minute and weekly, RSI growing as well, bollies are starting to widen for a little breakout
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