Thread: Million Dollar Stock

Silverado’s clean coal technology coming to Choctaw County

Lynn Lofton
MBJ Contributing Writer
Published January 8, 2007
Mississippi Business Journal


Ackerman – A $26 –million clean coal technology project in Choctaw County promises to help decrease the country’s dependence on foreign oil and make Mississippi the center of alternative fuel production. Silverado Green Fuel Inc. will build the first such facility in the U.S. on 14-acres in the Red Hills EcoPlex.

The permitting process will begin after the groundbreaking that’s expected to take place in February. The facility is designed to utilize the state’s vast supply of low-rank coal reserves by converting them into green fuel, a new form of coal-based, environmentally-friendly, low-cost alternative fuel.

The project will take advantage of the lignite coal deposit that runs through about a third of Mississippi and the other Gulf states. Garry Anselmo, Silverado Green Fuel CEO, says Mississippi’s center position is advantageous for production.

“Mississippi will be the hub. Other states will send their coal here to be tested and processed,” he said. “Then it will spread to other countries and they will bring coal here to test to see how it reacts to the process.”

He acknowledged the roles Choctaw County, the Mississippi Development Authority, the state’s U.S. senators and the U.S. Departments of energy and defense played in making the project a reality.

“They really made it work,” he said. “This project is far beyond a new project in Mississippi. It’s the beginning of a new fuel for the world and without all the inherent environmental problems and high costs that other energy requires. There is enough of this type of coal to supply fuel for America for 300 years.”

Alan Bates, executive director of the Choctaw County Economic Development Foundation, says the area is excited about the project. “MDA played a big role in getting it,” he said. “We have an asset underneath our feet, lignite coal, and we pursue businesses that use that asset. We welcome new opportunities here.”

He points out that Choctaw County has the only active lignite plant in the state. The coal is mined next to the Red Hills Power Plant and provides electricity to the Tennessee Valley Authority.

The 45 jobs coming with the Silverado project are also welcomed to the county that has a population of just under 10,000. “Everyone of course is glad to get the new business and the 45 jobs,” Bates said. “That will be one of our largest companies. The average salary of $48,000 will be good, too. We’re fortunate to have good paying companies here.”

Bates added that he doesn’t fear any environmental repercussions from the new facility. “Everything in mining is very regulated. The industry has as good reclamation program,” he said. “The deer haven’t left the area. I was recently at the site of the North American Coal Company and saw a deer.”

Silverado signed a memorandum of understanding with the state as represented by the MDA, Choctaw County Board of Supervisors and the Choctaw County Economic Development District to build a facility designed to demonstrate the economic feasibility and environmental superiority of converting low-rank coal into a stable liquid fuel that can be used efficiently while also defining exact parameters for a commercial facility.

“This project is a key step toward real commercial production of green fuel and the culmination of our work over the past six years to develop advanced, efficient and cleaner coal technology,” Anselmo said.

Under the terms of the agreement, the county’s economic development district will provide a 14-acre site at its Ecoplex. Choctaw County will clear the site in preparation for construction and construct the facility building based on Silverado’s specifications. The state, through MDA, will provide for the infrastructure with a series of grants.

MDA executive director Gray Swoope said, “The State of Mississippi is proud to welcome Silverado as our newest corporate citizen. With its innovative technologies, Silverado will produce vital energy while stimulating the economy of Choctaw County with 45 new jobs.”

Working with universities, Silverado engineers have refined the process of converting the lignite coal that Anselmo says the world turned its back on. Lignite, which has a lot of water in it, is not good coal to burn. Silverado’s technology was developed by Dr. Warrack Wilson, vice president of the company’s fuel technology division.

The process takes low-rank coal (lignite), crushes and grinds it, and then pressure cooks it to dehydrate the water. In doing so, the coal sweats and as it cools is coated with particles that do not let water back into the coal. The water extracted has hydrocarbons that Anselmo says can be cleaned and mixed back with the particles to ship in liquid fuel form.

“It looks like oil, pours like oil and is non-flammable,” he said. “It will create steam for electricity and industry. It’s ideal for gasification and costs $15 a barrel instead of $55 or whatever the current price of oil is.”

He said the process stayed dormant until 20 years ago when the energy crisis got really hot. “Now it’s back on the front burner and I foresee other plants like this one,” he said. “It’s a strategic fuel. In making these products, there will be zero emissions.”

The Mississippi project is a demonstration project, Anselmo said. It will test fuels and train students and employees. There will also be scholarships and more people will be employed as the facility develops.

“The project has many good things,” he added. “We can also make secondary products, and we can help Third World countries so they don’t have to spend all they have for foreign oil.”

Over one-quarter of the world’s coal reserves are in the United States. Fully half of those reserves are low-rank coal.

Distributed with permission from Mississippi Business Journal and Venture Publications Inc., 2007.

Howdy Ya'll!

I live here in central Mississippi.
Can you bring me up to speed on
this investment...and any others?

Thanks

Richard

SILVERADO EXCERPT FROM MARCH 2007 ISSUE

"ECONOMIC ADVICE"

by James L. Rapholz B.A., M.S. Economics

MARCH OF 2007:



It looks as if the yellow metal is getting ready to put a smile on our faces once again!

I had the very good fortune of attending a stock market analysts meeting up in Atlanta two weeks ago. They concluded that oil will have an average trading price of $64 a barrel in 2007 and that this year could see an explosive growth in the precious metals arena as the probability of an international accident rises. They also concluded that the dollar is going to come under increasing pressure and that the fundamental demand for natural resources is going to continue growing because of high demand from China, India and other developing nations.

There was a consensus that gold will see a sharp price rise in the late part of the 1st quarter of the year or early part of the second quarter and challenge the 2006 high near $730, then see some sideway trading until it reaches a new all time high of $900 late in 07 as events combine to send financial markets into a high level of concern for both economic and political stability. The current upward move in gold is being caused by Washington’s mindless engineering effort to push the value of the dollar lower. This move is being made in an attempt to increase our exports. That will probably take place to some small degree but it will also give an added incentive for foreign central banks to reduce the amount of depreciating dollars that they are holding as reserve currencies. The result will be lowering the dollar’s value and increasing that of gold.

And, for similar reasons, they predicted that silver would reach the $18.00 level and that platinum would trade up to $1500.00 by the end of 2007.

They also agreed that aside from metals and resources, concern should be taken for the deteriorating housing market, a deterioration that will have the capacity to spread turmoil and troubles for many American families.

Several currency specialists noted that too much attention is being given to the euro and the Yen as alternative investments for dollar reserves and not enough emphasis is being placed on the British pound, which is trading, near a twenty-year high and will become the real challenge for the dollar in 07.

If the gold move they predicted actually takes place you should be positioned to take full advantage of it. The following is a junior gold producer, which should see a good price advance. I’d give special emphasis to (slglf) Silverado Gold Mines Ltd. 10 cents because they not only produce gold but also have recently signed a contract to build one of the world’s first “Green Fuel Producers.” Green fuel is derived from turning low-rank coal into an environmental friendly liquid fuel. I own 400,000 shares of Silverado and will go into detail about this company .



Silverado Gold Mines, Ltd. = Gold, Green-fuel & More Gold!

Silverado Gold Mines, Ltd., about 10 cents, symbol SLGLF, phone (800) 665-4646, contact Bob Dynes, a nice guy who has a good knowledge of the Company and the mining industry in general, website SILVERADO GOLD MINES LTD..

Silverado – sure has an awful lot going for it today.

The company not only owns a producing gold mine and other promising gold properties in Alaska but, it is also leading the pack in the race for a clean burning fuel to solve the problem of our dependence on foreign oil!

Its wholly owned subsidiary, Silverado Green Fuel Inc., possesses a formula for converting low-rank coal (of which the US has enough to fuel the entire nation for about 300 years), into liquid fuel or “Green Fuel.” Not only does this new fuel replace crude oil, but also it is environmentally friendly because it burns very clean.

A DEAL HAS BEEN FINALIZED:

Just a few weeks back Silverado signed a memorandum of understanding, with the state of Mississippi to build a $26,000,000 demonstration plant which will be the first plant in the US capable of converting low-rank coal into liquid fuel. This process is known as LRCWF or “Low-rank coal-water fuel.” Mississippi will pay half the cost involved, and Silverado will provide the other half. The pilot plant will be built on 14 acres in Choctaw County, Mississippi, and is designed to convert the vast reserves of low rank coal in the area into liquid fuel, a fuel from which other fuels may be made free from sulphur, heavy metals and particulate forms of matter. There are several very attractive feature of this new type of energy:

It will cost less than $15 a barrel to produce.
During the production cycle of Green-Fuel there is a sizeable reduction of greenhouse gasses into the atmosphere.
There is an awful lot of low-rank coal in Mississippi and the other Gulf States, as well as Wyoming, the Great Plains, and Alaska. The pilot plant being built in Mississippi will be capable of providing thousands of barrels of Green-Fuel for tests in end-users operations and will provide scale-up design engineering, as well as validate operation in oil designated boilers and advanced power systems.
This pilot plant will also serve as a personnel training and development center in the production of Green Fuel, and will create new fuels as well as permit the testing of engines with alterations made to accept the new clean burning fuel. Once operational, the company has the option to buy the facility from the state of Mississippi for a token $100.00.
This is the world’s first Green Fuel production plant. Several small demonstration plants were manufactured during the last energy crisis of the 1970s. However, before anything serious was built, the price of oil dropped after OPEC’s embargo and the Green-Fuel program became part of history. This time it’s a different story. OPEC has vowed to hold the line on oil prices at a $50 base price. Green-Fuel can be produced for $15 a barrel and this time it has a real future and that is now!

This low-rank coal derived fuel is a stable liquid form of energy, which provides a non-hazardous, low cost alternative to oil derived fuels that can use existing oil infrastructure for handling, storage and transportation. To produce Silverado’s new form of fuel – low-rank coal is pulverized and then treated to pressure cooking to turn it into a liquid form of energy. The water that is removed from the coal during the hydrothermal process is then treated, reduced and added back into the coal particles and thus Green-Fuel is now ready for sale.

In response to requests from several Congressmen and Senators, Silverado has submitted technical data on its Green-Fuel hydrothermal treatment process to the Department of Energy and the Department of Defense, regarding the inclusion of Silverado’s Green Fuel in the D. o. D.’s Clean Fuel Initiative. D.o.D. scientist have examined this new form of Green Fuel and have commented that they are impressed with both the technology and the possibility of using this alternative energy product as a raw feedstock for the production of synthetic fuels. This process is presently the only known method of converting high-moisture content coal into a low-cost liquid fuel.

It should come as no secret that the new Democratic controlled House and Senate are interested in moving the US away from its dependence on foreign oil. The move to develop alternative fuels, which was started by the Bush administration, can be expected to gain momentum, and Silverado is in the right place at exactly the right time!



What’s the next step for Silverado?

Now that a demonstration plant is in the planning stages of being built, the next step will be designing, permitting and building a commercial facility, capable of producing a minimum of 9,500,000 barrels of Green-Fuel per year. America has a great abundance of coal in its ground, which has been estimated to last for at least 300 years and this could very possibly be the source of energy needed to free us from our dependence on foreign oil.

One of my neighbors just stopped by and asked what I was working on. After I explained the Green Fuel project to him and how it was a complete substitute for everything that crude oil could do for our world, he was impressed but came up with a very interesting question. If this can be done and with all the soft coal that we have – why hasn’t it been done before now? My reply: Up until now every time a substitute for oil was invented – the world’s oil producers flooded the market – drove its price down and there was no longer any need for a substitute. However, this time around, they simply can’t come up with enough oil to push the price down to less than $40 a barrel, so Green-Fuel at $15 makes a lot of sense!

The Future Looks Bright!

Mississippi isn’t the end of Green-Fuel. Negotiations are currently underway with 3 other states that have shown an interest in the process developed by Silverado.

CEO Garry Anselmo has appeared before House and Senate committees to explain to the legislators, the many benefits of Green Fuel. The fuel created at the Mississippi pilot plant will show the rest of the country that this is the best solution for our energy crisis. The fuel created at this plant can easily be further refined into gasoline, jet fuel, diesel fuel, synthetic natural gas, hydrogen for fuel cells, plastics, fertilizers, explosives, urea, ammonia, CO2 for enhanced recovery in oil well production as well as a host of other products. The future is bright indeed!

Breaking News!

U S Senator Jim Bunning has just introduced legislation, co-sponsored by Senator Obama that will encourage the building of at least 10 coal-to-liquid-fuel-plants. This bill enables the Department of Energy to provide loan guarantees for the construction and direct loans for the planning and permitting of these plants. Loan guarantees will encourage private investment and planning loans will help prepare companies for the construction of plants.

Gold in Alaska.

The second positive feature of Silverado is the Nolan Gold Deposit. Located 280 road miles north of Fairbanks, it lends itself to surface mining of gold-bearing gravel in the summer and winter months, and below ground mining of frozen gravels when gold has been located, in the cold winter months. Most of the gold found at Nolan is in nugget form. One nugget recovered at Nolan weighed 41.35 ounces and sold for many times its melt down value.

Silverado has been mining nuggets for years, and has a unique marketing plan. They sell these nuggets to local jewelers who mount the nuggets in jewelry and sell it to the tourists who flock to Alaska, and who are always searching for a unique souvenir. These Alaska gold nuggets are available in a great many jewelry stores across the state. This innovative method allows Silverado to obtain a 33% premium over the bullion price for its gold.

They say a picture is worth a thousand words and the one on the next page tells the Green Fuel story better than I can. This product can be produced for $15 a barrel and it can be substituted for crude oil and fulfill every need that crude oil now fills.





The Department of Defense (DoD) uses over 100 million barrels of transportation fuel per year. One of DoD’s concerns is obtaining secure and reliable sources of energy, that is, sources that are not dependent on foreign oil or foreign refined fuels.

In the Energy Policy Act of 2005, the Secretary of Defense is required to develop a strategy to use fuel produced from coal, oil shale, and tar sands. One of DoD’s initiatives is to develop a Battlefield Use Fuel of the Future (BUFF) from diverse indigenous resources. This multi-purpose fuel would replace the many different transportation fuels now used by DoD to operate its aircraft, ships, and vehicles and would greatly simplify logistics. (For example, in Afghanistan the U.S. Military is currently using nine different fuels for its operations.)

DoD scientists have examined Silverado’s hydrothermal treatment process used in creating Green Fuel and commented that they are impressed with both the technology and the possibility of using this alternative energy as a raw feedstock for the production of synthetic fuels. The Low-Rank Coal-Water Fuel (or Green Fuel) produced by Silverado’s Hydrothermal Treatment Process has been identified as a good feedstock for gasification and follow-on Fischer-Tropsch Synthesis to supply clean synthetic fuels.

The Mississippi plant will produce, for the first time, a sufficient quantity of green fuel to be gasified into a feedstock for the Fischer-Tropsch process.

Silverado’s green fuel can be used for electricity generation or industrial heat. There are hundreds of commercial, industrial and utility oil-designed boilers in use in America today which, with minor adaptations to their feeder components and addition of particulate capture devices, may enjoy Silverado’s Green Fuel, made from America’s abundant reserves of low rank coal. In addition to the above uses, Green Fuel can be used as a feedstock for advanced high-pressure gasifiers like the one developed by Texaco and now marketed by GE as part of their integrated gasification combined cycle Clean Power package. Following gasification the synthesis gas can be used for power generation or reassembled into new petrochemicals such as aviation fuel, gasoline, diesel fuel, hydrogen for fuel cells, plastics, fertilizers, explosives, urea, ammonia, CO2 for enhanced recovery in oil well production, all free of sulfur, heavy metals and particulate matter.

Of all the fossil energy reserves in the United States as well as the world, coal is by far the most plentiful. Proven U.S. coal reserves are greater than all of the world’s gas or oil reserves combined. America has over one-quarter of the worlds coal reserves, with half of those reserves being low-rank coals. Thus as the United States enters the 21st century, coal will be the primary strategic energy resource and it must be used wisely and in an environmentally responsible and safe manner. Silverado’s Green Fuel is the answer.

Silverado Gold Mines Ltd. is able to compliment their gold mining division with the development of this Green fuel, since it is commonly understood that the largest cost to gold mining is labor and the second largest cost is energy. Entry into this lucrative Coal to Liquid fuel industry by Silverado will allow this company to thrive with today and tomorrow’s high-energy prices.

But the story does not end there. Not only does Silverado have fuel to compliment their gold, but also they now have antimony. A Silverado press release issued on Monday June 29, 2007 indicated that samples of rock contained as much as 46% antimony. To put this in dollar terms, a ton of rock with 46% antimony would be worth about $2300 per ton (current antimony prices equal $2.56/lb). By comparison, the same ton of rock would have to contain roughly 3.5 ounces of gold per ton (with gold at $656/ounce) to be of the same monetary value.

Antimony, a silvery-white metal, is used in the United States primarily in chemicals used to impregnate plastics, textiles, rubber and other materials as a flame retardant. Over half the annual U.S. antimony consumption is used in the manufacture of flame-retardants. Antimony is also mixed with other metals to increase their hardness and strength, such as the lead in bullets and batteries, and is considered a military strategic metal. It is also used for pigments in plastics, paints and rubber. (Antimony oxide is a brilliant yellow color).

Preliminary metallurgical tests on Nolan antimony showed combined lead and arsenic present in amounts less than 0.1%, which constitutes some of the purest antimony in existence. This is very important since antimony contaminated with over .5% combined lead and arsenic has to be shipped overseas to be processed.

China produces 82% of the world’s antimony, Russia 8%, South Africa 3%, Tajikistan 2% and Bolivia 2% (total 97%). In November 2006, China indicated that they were cutting their export quotas of antimony and tin by 30%.

The world is running out of oil but coal is both plentiful and inexpensive. Silverado has hired a full time Washington lobbyist. I had the opportunity to chat with him last week and must say that I was very impressed with what he had to say about the Company and the direction it’s going in. They have also launched a very extensive advertising campaign and the stock will probably start moving.






SILVERADO GOLD MINES LTD.

OTCBB: SLGLF / Frankfurt: SLGL / Berlin: SLGL

(800) 665-4646 or (604) 689-1535 · F: (604) 682-3519 · [email protected] ·

GREEN FUEL ADVISORY TO SILVERADO SHAREHOLDERS


Silverado Green Fuel Inc. would like to announce to its shareholders that the official date of the Mississippi Silverado Green Fuel Project is the morning of April 9 at the Red Hills Ecoplex site just outside of Ackerman Mississippi.

"We are very pleased with the progress we have made in moving our project forward," said Silverado Green Fuel CEO, Garry Anselmo. "We especially want to thank Governor Barbour and Congressman Roger Wicker for hosting us at this historic event. We also thank all of the officials in Mississippi who have worked tirelessly to make the Green Fuel Demonstration Project a reality not only for their state, but also for America."

Mr. Anselmo continued his remarks by thanking Silverado's many shareholders. "We know that this project has taken time to put all of the pieces in place. We must thank our shareholders who have patiently stood by us throughout this tumultuous time while we carefully and properly put together the Green Fuel Demonstration Project in respect of all its physical and political parameters."

The schedule of events for the groundbreaking is still being finalized and additional information will be released as it becomes available.




SILVERADO GREEN FUEL INC.
Mailing Address ·505 - 1111 W. Georgia Street ·Vancouver, B.C. ·V6E 4M3 ·CA
(800) 665-4646 or (604) 689-1535 · F: (604) 682-3519 · [email protected] · SILVERADO GREEN FUEL INC.
Field Address ·3180 Peger Rd Ste 270
Fairbanks AK 99709-5485 · USA

Interesting,

Well, I made out well but bailed out at .16, then it took a long downward trend, but now has again recovered, so talk about long term, this one has potential.

Good luck and health to all, Mike

Anybody have any predictions or analysis they want to throw out there on SLGLF?