Öl aus Kohle - Neuer Milliardenmarkt!
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Denn:
1. Green Fuel kann angeblich als einziges Unternehmen Low-Rank-Coal (niederwertige Kohle) für die Umwandlung von Kohle in Benzin & Diesel verwenden. Davon gibt es in den USA viel viel mehr, als die höherwertige Kohle!
2. Amerika fängt gerade erst an, das CTL-Verfahren im eigenen Land zu etablieren. Da könnten Anfangs auch mehrere Verfahren getestet und unterstützt werden.
3. Anselmo spricht beim LRCWFuel von $10 bis $15 pro barrel, während Rentech von $36 to $42 per barrel spricht. Damit wäre Green Fuel erheblich billiger, wenn es denn stimmt!
--> Das sind schon drei Punkte FÜR Silverado! Was meint ihr?
Nach den Umsätzen gestern war ich jedenfalls froher Hoffnung dass es aufwärts geht. Heute ist leider einer der vielen enttäuschenden Tage der letzten Zeit...
langsam ;-) Von mir aus kann der Kurs jetzt
mal richtig Richtung Norden gehen! 0,125
könnte das erste Ziel sein. Danach hoffentlich
0,25 bzw. 0,50! Wir wollen die 1000% sehen, oder?
erst 8 dann 12 und vielleicht langfristig auf 1 , danach wäre ales möglich....
TMTM
http://ragingbull.quote.com/mboard/boards.cgi?board=SLGLF&read=32530
"I wonder how this will occur.I suppose as follows;
1. Some time in the next day or several weeks, Silverado will announce the coal to licquid government funded project; it will be ( THE FIRST ) of it's kind. No other coal to licquid project has been government funded, there have been tax , and other incentives, but no outright funding.
2. The publicity will be very big; as ( coincidently ) some politician will use this marraige between Silverado and the government to help promote his or her political career. The beauty of this is Silverado will announce ONCE; the politician will PERSONALLY announce HUNDREDS of times over the six to eight week campaign period, and print media and television media usually serve to support the campaign.
The publicity will be at no cost to Silverado and will create plenty of investing and raising of the share price.
The campaign trail will be fraught with how this project helps to unleash us from the terrorist, and makes us energy independent, and will go on to say how this is creating jobs, and taxes and bettering the community. Yes being with the government has it's residual advantges.
3. The share price will go straight up for a long and steady amount of time, the name Silverado will begin to be known. Next on the list will be the private investors, and the infusion of money to go commercial will be astronomical; as a matter of fact I believe there may even be a mechanism ( I only say this, having attended the congressional hearings, and all testifiers said, " private funding is guaranteed when the government gets on board. " )
that is already in effect that once the government blesses this project that the private funding may already be there, which could explain, as Derbinski points out , the high legal fees, it could be the source of multi pronged deals.
Common sense would dictate that this be more than likely. Why you ask, think about it, if they need approx. 20 million for the demo plant and the government will not short change them, ( as they would be wasting their own money, so that's out of the question ) and the low rank coal conversion is already proven technology, then clearly private money will be on board, why not set it up now they have had so much time as the govt. does move slowly and cautiously.
4. Most probably the mm's are ready to jump in with both feet as the price abuse on this stock for years has created a brutally low price. And of course during this time so many other indicator lights will go off signaling the technical guys that they will also jump in. And finally the naked shorts, a great asset with this stock, will start to crumble and will have to cover , thereby jettisoning this stock into orbit where it should be.
5. I will assume that in the mix Silverado will announce the great gold news.
6. Silverado stands strong now with 7 milion in the bank and the gold and fuel standing on the precipice.
good luck to all longs I will see you at 2 to three dollars."
http://ragingbull.quote.com/mboard/boards.cgi?board=SLGLF&read=32536
LRCWF plant
Looks like the plant is going to be located in Mississippi near the Mississippi State University. It seems to be the closest land grant university near lignite fields by the river which runs from north east Mississippi into Alabama. There is another one in Alabama that it could be but this is my choice. Partly because the president of the University, here is a clip of his bio.
Robert H. Foglesong is the 18th president of Mississippi State University, a land-grant university committed to excellence in learning, research, and service. His vision is for MSU to become the most respected land-grant school in the Southeast. As president, he is responsible for planning, budgeting, and execution for the largest university in the state of Mississippi. He is also the president and executive director of the Appalachian Leadership and Education Foundation, a nonprofit operating to identify our next generation of leaders in Appalachia and mentor/financially support their journey toward academic, leadership, and character excellence. He's a director of Massey Energy, one of the largest producers of coal in the nation, and a director of the Michael Baker Corp., an international energy and engineering firm. He also has been designated by President George W. Bush to co-chair the United States-Russia Joint Commission on POW/MIAs.
University Map location
http://en.wikipedia.org/wiki/Oktibbeha_County%2C_Mississippi
Mississippi State University
http://en.wikipedia.org/wiki/Mississippi_State_University
Lignite Coal: An energy plus for Mississippi
http://www.msfb.com/news/Farmcountry/nov02/Lignite%20Coal.html
North American Coal Corp
By scrolling down and clicking on the map you can see that the Red Hill mine is close to Mississippi State University, will have to get an exact distance.
http://www.nacco.com/sc_north-american-coal.html
Derb
hab letztens im focus einen artikel gelesen wonach südafrikanische fluggesellschaften wegen der hohen kerosinpreise schon zu 40% treibstoff zumischen der aus der kohleverflüssigung stammt.
das würde heißen das es ein konkurrenzfähiger ersatz ist, auch schon bei den jetzigen preisen.
mal schaun ob ich den fous noch finden, dann gibts ne genaue quellenangabe.
In order to proceed with establishing the commercial viability of our low-rank coal-water fuel business, we are currently seeking financing from the U.S. Government and from private sources to achieve the full $20,000,000 funding for this project. There is no assurance that we will be awarded any grant or private funding or that we will be able to complete any additional sales of our equity securities or arrange for debt or other financing to fund this component of our plan of operations.
http://www.baystreet.ca/quotedata/partners/...uotes.cfm?qm_page=90397
SLGLF eingeben, Fri, Jul 14, 2006 FILING Quarterly report filed by small businesses - Form 10QSB
Seite 15
20 Mille sind doch nicht viel!!! Silverado hat Anfang des Jahres mal einfach so hoppladihopp 7 Millionen Dollar eingesammelt! Und der Kurs ist sogar gestiegen! Jetzt brauchen sie schlappe 20 Millionen für Green Fuel, ein Unternehmen, dass Amerika vor dem Ölkollaprs retten könnte ;-) Also echt!!! Ich hoffe stark, dass Anselmo das US-Ministerium überzeigt hat und in der Ölindustrie Investoren aufgetrieben hat, die ein paar Milliönchen locker machen! Immerhin könnte hier ein Milliardenprojekt starten! Also los ;-)
We continue our busy 2006 year and look forward to increasing our production and discovery into 2007 and beyond. Our gold mining operation is now focusing primarily on completing gold recovery, and we continue to move forward with our LRCWFuel project. Most of the 'behind-the-scenes' work with government authorities has been completed on the fuel project, and we anticipate a very exciting announcement either in August or September,' concluded Mr. Anselmo.
http://ragingbull.quote.com/mboard/boards.cgi?board=SLGLF&read=32585
NATCHEZ — America stands at a crossroads and for local leaders the roads cross in Adams County.
While officials from Natchez and Adams County were visiting the future coal-to-liquid plant in East Dubuque, Ill., officials from the Southern States Energy Board issued a study looking at the current energy situation in the America.
And by every measure, the report concludes that coal-to-liquid technology and other alternative energy resources are the key to America’s energy security.
The Southern States Energy Board is comprised of governors and state legislators from 16 states and two U.S. territories. Both Mississsippi Gov. Haley Barbour and Lousiana Gov. Kathleen Blanco are members of the board.
The group released the American Energy Study July 17 that presents a comprehensive plan for U.S. energy security through the production of ultra-clean fuels from domestic fuel sources. The goal of the study was to set an aggressive timeline for achieving complete energy independence by 2030.
Coal-to-liquid plants like the proposed Rentech South plant in Adams County, are a major contributor to achieving foreign oil independence, the energy board said in its recent press release.
“America is at a crossroads,” board chairman and Kentucky Gov. Ernie Fletcher told policy makers at the board’s annual meeting in New Orleans. “We can either choose to produce our own transportation fuels and secure our own destiny, or we can continue to rely on expensive foreign oil from unstable sources.”
“It is a very, very good report,” said Director of Project Development for the Natchez Rentech project Joe Regnery in East Dubuque. “It’s very thorough and we think it is well done.”
America imports about 60 percent of the oil it consumes. In 2005, oil imports totaled $680 million dollars a day. If it continues that number will soon reach $1 billion a year, the study says.
“The economic threat of oil peaking — of production beginning to fail to meet world demand and the associated dramatic price increases that can be expected — is staggering,” the study says. “Without an aggressive alternative fuel production program, the U.S. economy could lose $4.6 trillion in Gross Domestic Product and 40 million job years over employment if oil peaks in 2010.”
Currently the United States is at the whims of foreign oil and face serious risks, from competition of other world markets and disruptions from terrorism and natural disasters.
According to the study, there is an answer.
That answer is alternative fuels from coal-to-liquid facilities, biomass plants and oil shale companies.
“We have more coal in the United States than there is oil in the Middle East,” Regnery said in East Dubuque.
According to the study, that oil is one of the keys to producing a cost effective alternative fuel source.
Rentech plans to convert the coal into diesel fuel and jet fuel at both the Rentech Midwest plant in East Dubuque and at the Rentech South plant in Adams County.
Officials hope the Natchez Rentech plant will be in operation in 2011. The plant expects to produce between 10,000 and 20,000 barrels a day of fuel.
The American Energy Security Study compared the cost of producing fuel from coal-to-liquid technology to the coast of producing oil from foreign sources and found that producing fuel using the CTL process becomes cost effective when the cost of diesel exceeds $55 a barrel.
That is a conservative figure, Regnery said.
“As long as (crude oil) doesn’t dip below $40 to $45 we feel confident about our return,” he said.
If the recommendations of the study are followed the Southern States Energy Board predicts that the United States can eliminate approximately 5 percent of foreign oil imports per year for 20 years, beginning in 2010 with oil imports eliminated entirely by 2030.
“We control our destiny,” John Deisch, plant manager for Rentech Midwest, told local leaders in East Dubuque.
A copy of the full report and other additional information are available on the Web at www.americanenergysecurity.org.
http://ragingbull.quote.com/mboard/boards.cgi?board=SLGLF&read=32587
Letter backs coal plant tax credit
By NOELLE STRAUB
Star-Tribune Washington bureau Thursday, September 14, 2006
WASHINGTON -- The three Wyoming members of Congress joined forces to request that the Treasury Department approve an application giving a company $350 million in investment tax credits to build the planned Medicine Bow Fuel and Power coal-to-liquids facility.
Republican Sens. Craig Thomas and Mike Enzi and Rep. Barbara Cubin sent a letter to Treasury Secretary Henry Paulson urging him to approve the tax credits for Houston-based DKRW Energy LLC, the company planning the estimated $1.3 billion project.
“Wyoming has abundant natural resources that can further increase the independence of sourcing petroleum products in the United States, and this program is important to developing those resources for the benefit of both the state and the country as a whole,” the trio wrote.
The project would expand U.S. refinery capacity, produce products to reduce air emissions, sequester carbon dioxide, produce more oil and increase the tax base and employment in the state, the letter said. It encouraged the department to give “due consideration” to the application filed by the Medicine Bow project.
Dale Groutage, a Democrat who is challenging Thomas for his Senate seat, has said while campaigning that for the past 20 years the federal government has been subsidizing the construction of these types of plants, but none has been built in Wyoming. He said bringing such a plant to the state would be one of his first priorities if elected.
The facility initially would produce about 11,000 barrels per day of liquid hydrocarbons, mostly ultra-low-sulfur diesel to be sold as fuel in the Rocky Mountain region.
Production could expand to 33,000 barrels per day, and the project in the long run would create 300 to 500 high-tech jobs in mining and refining, a DKRW executive has said.
The coal-to-liquid technology converts coal into a synthetic gas which is then either available for use or to be converted into materials such as diesel fuel.
A coal project tax credit and a gasification credit were included in the Energy Policy Act of 2005, which the delegation supported.
Medicine Bow Fuel & Power LLC recently awarded a contract to Canadian firm SNC-Lavalin to perform feasibility, engineering and design services for the facility.
GE Energy and Rentech Clean Energy Solutions will provide the technical process for converting coal to liquid hydrocarbons, and Arch Coal will supply the coal. The plant would be located at Arch Coal’s Hanna mine facility in Carbon County.
zu etablieren. Doch der Vertrag wurde leider niemals abgeschlossen,
warum auch immer! Die Chinesen haben sich wohl für ein anderes Verfahren
entschlossen, um aus Kohle Öl zu machen. Es gibt da glaube ich drei verschiedene
Methoden. Egal, Silverado hat damals den Zuschlag nicht gekriegt... hoffentlich
sind die Vereinigten Staaten schlauer ;-) und erteilen Anselmo diesmal das GO!
_______________
At current oil prices, one answer to the evolving shortage of liquid fuels is coal liquefaction, HSBC bank suggests.
The CTL (coal-to-liquids) technology is well-established. It was originally invented in Germany in the 1920s and developed there and in the US in the 1930s. In the Third Reich it was used to make up to 600,000 barrels a day of petrol and avgas during the Second World War.
The technology was improved greatly in South Africa in the apartheid years to reduce dependence on imported oil. I have fond memories of researching and writing about the giant Sasol enterprise in 1964 when making my reputation as a young financial journalist. I still have a copy of my “Earth, Air, Fire and Water” study, which for the first time explained the complex processes to the public in layman’s terms.
Today there are three CTL plants in what is now democratic South Africa, converting coal into 150,000 barrels a day (equal to the output of a medium-sized oilfield). In addition to petrol, diesel and avgas, the process produces a wide range of by-products such as petrochemicals, waxes, feedstocks for plastics manufacture, and fuel gas.
While it’s forecast that the world will run short of conventional oil within a century, with most of the remaining large deposits in politically unstable regions, there is little recognition that coal is an abundant substitute. Enough for more than a thousand years.
The US has the world’s largest coal deposits, with 268 billion tons of recoverable reserves. HSBC says that at a standard conversion rate of two barrels of synthetic fuels from one ton of coal, those reserves are equivalent to the 20 times the nation’s current crude oil reserves.
At capital costs of $700 million for capacity of 10,000 barrels/day and a 30-year life, operating costs of $15/barrel and current coal costs, breakeven for a coal-to-liquids plant in the US would be in the range $39-44 a barrel, assuming no tax incentives.
However, the new Highway Act provides a subsidy of $21 a barrel for commercial-scale CTL projects. Taking that into account, with oil at $50 a barrel (that is, well below current prices around $70), the internal rate of return on such a project would be in the mouth-watering range 22-25 per cent.
It would also be environmentally friendly, as the technology converts dirty coal into “ultra-clean” synthetic diesel and jet fuel that can be used in current engines without adaptation. And “the fuels are easily transportable and marketable, as they are compatible with existing petro-fuel distribution infrastructure” (unlike ethanol-blended petrol, bio-diesel and more radical alternative fuels).
HSBC suggests that beneficiaries of CTL development in the US could include mining companies such as Peabody Energy and Arch Coal, and providers of proprietary technologies such as GEA Group (Lurgi), GE Energy, Royal Dutch Shell, ConocoPhillips, Rentech, Syntroleum – and South Africa’s Sasol. The latter, now listed in New York as well as Johannesburg, is becoming a global giant in synthetic fuel projects (see later article about gas-to-liquids).
China, which like the US has huge coal reserves but increasing dependence on imported oil, is adopting the CTL solution. Its first plant will start production next year.
State-owned Shenhua, the biggest coal mining company, in association with Sasol and Shell, wants to build additional plants to make liquid fuels equivalent to 10 million tons of crude oil a year by 2010, at a cost of about $10 billion, and 30 million tons by 2020.
HSBC says the typical final product mix from Fischer-Tropsch synthesis contains between 70 and 80 per cent diesel fuel and 10 to 20 per cent jet fuel, with “chemical and burning qualities superior to… their counterparts derived from petroleum through refining.”
The world isn’t going to run out of oil while there’s all that coal that can be turned into liquid fuels.
By Martin Spring in On Target, a private newsletter on global strategy 05.06.2006
http://www.moneyweek.com/file/13377/could-coal-replace-oil.html
"The US has the world’s largest coal deposits, with 268 billion tons of recoverable reserves. HSBC says that at a standard conversion rate of two barrels of synthetic fuels from one ton of coal, those reserves are equivalent to the 20 times the nation’s current crude oil reserves.
At capital costs of $700 million for capacity of 10,000 barrels/day and a 30-year life, operating costs of $15/barrel and current coal costs, breakeven for a coal-to-liquids plant in the US would be in the range $39-44 a barrel, assuming no tax incentives."
http://www.moneyweek.com/file/13377/could-coal-replace-oil.html
"Anselmo went on to state, regarding energy price comparisons, “We are talking about the difference between $10 or $15 LRCWFuel as opposed to the current market price of $70 for a barrel of oil.” The committee recognized the tremendous economic advantage that LRCWFuel (at $15 per BOE) would provide as a low-cost, high-quality feedstock for gasification and Fischer-Tropsch synthesis. Thus, LRCWFuel would serve as an ideal candidate in that process for downstream production into ultra-clean synthetic gasoline, jet and diesel fuels. Commercialization of Silverado’s hydrothermal treatment process is an outstanding opportunity to make America energy self-sufficient, especially since half of America’s coal reserves are considered to be “low-rank.”
http://www.silverado.com/may082006/
REIN VOM Kostenaufwand sind wir mit Green Fuel im Rahmen der Konkurrenz!!! Und nicht vergessen: Green Fuel kann aus NIEDERWERTIGWER Kohle Öl und Diesel machen, die anderen Verfahren brauchen wohl höherwertige Kohle! Damit wäre Green Fuel eine ideale Ergänzung zum Fischer-Tropsch Fischer-Tropsch Verfahren, oder?
"ATTENTION ALL NEW INVESTORS very IMPORTANT msg
TODAY marks a very important time in this company. Today, because of the great gold report and the stability of the company, is the day the shorts have to begin to find their exit, with as little loss as possible. They are indeed trapped and have been exposed for the liars and swindlers that they are, but they still must exit.
Because of the following assets and scenarios Silverado will be around for a long time and will be very profitable, today changed everything.
1. Silverado owns all of it's properties, including the 11 squaure miles of the recent 1 to 2 million dollar find.
2. Silverado has 6 million in the bank , and of course 1 to 2 million more due to a successful gold mining season.
3. Silverado is debt free
4. Silverados owner Gary Anselmo does not even take a salary
5. Silverado now has spent all that is needed, in a proven gold bearing area, to provide the infrastructure, neccessary to have many future low expense mining seasons.
6. Silverado because of drilling from the surface and the tunnels can start extracting gold ALL YEAR ROUND
7. Silverado has found so many indications of gold ( including their BEST results today ) that they now can not only mine all year long but can now have great reserves of gold.
8. Based on the fact that the areas are rich and PROVEN and ALL energy now can be focused on recovery the finds now will be huge ( in the 5 and 10 's of millions)
9. The fuel deals are very close, and Gary has proven his reliability and credibility.
10. The coal to licquid fuel business is ground floor and is a billion dollar industry, with few in it and fewer that do the type of treatment that Silverado does, withLOW RANK COAL.
11. The process is proven and does work.
12. Silverado has to look forward to state funding , federal funding and of course private funding, for their many fuel projects.
13. The military is very interested in using this technology not only because of the obvious cost savings , but the fact that Silverados fuel will not explode the way oil and gas does, it just breaks down to a friendly licquid.
14. There is a massive naked short position.
Today the constant blathering of the shorts that have repeated ad infinitum ( This company will go broke ) has been made the fairy tale that it is. The very same methods that were used last year to assess the gold possibilities is being used again , and the comment, this is the largest find yet on prelim reports, will push this company forward.
Silverado now has gold , low overhead , gold reserves and gold mining all year long. Silverado has 7 to 8 million in the bank, no debt, and owns all of it's properties. The fact is now ( unfortunately for the shorts ) Silveraado at 6 cents ( whickh would normally be high risk ) isn't any longer , due mostly from todays news release.
I can't think of a better investment, low risk , very high returns.
This is what I mean the shorts are now screwed , the fuel is imminent and will surely push the stock through the roof and they cannot under any circumstances put this company out of business, especially with todays great news. This press release while seemingly benign, isn't, if you glean the proper information from it, apply it and make these kinds of rational deductions. To be on point the fuel is here and Silverado is stable and moving to profitability in a gold bull market and an energy need so in demand the government has been forced to support it.
The shorts are left helpless, while they may go to their (illicit broker) when the fuel news breaks , to throw out tens of millions of shares to try to keep the price down , they will not be able to do so. The worst part for them , is it just makes their problem worse. They know this is the predicament they are in, but the only way out is to cover.
They have lost all their credibility today with all that nogolderado crap. It has harmed them more than anything, no one will believe anything they say anymore. What is more , is what will they say when the fuel deal is announced this or next month, ?????
suggest that it is green sludge , we all know the government did their research and it is a credible process , and historically has always been credible.
suggest fred burns and buick know more about it than govt engineers and scientists and Warrick Wilson, LAUGHABLE.
Whatever the folley it will be as ridiculous as nogolderado , and we all know where that stands.
the shorts are caught , and they will have to give in. There is no place to run.
Yes today paves the way for a very bright future. Just imagine the big investors are on the way, the minute the fuel deals are announced. Personally I think they waited too long , this stock at 6 cents with the fuel and gold humming in a gold bull market ansd a world wide initiative to become unreliant on terrorist oil.
duh?????
good bye fred burns and buick gary ruined you and you will be gone soon , clearly no one will believe you any longer"
http://ragingbull.quote.com/mboard/boards.cgi?board=SLGLF&read=32736
"Tenacious: a) Sorry about Poly. He gets all worked up about things and starts to babble. But it doesn't mean that Silverado is not on the verge of making a break through with its Low Rank Coal Water fuel Division.
b) I believe the reason for the shiney gold nugget contest is strategic and smart, to encourage share holders to register their shares so that the short traders cannot get their slimey hands on them, and force the stock down. Short trading has been a huge pain for this stock for years. IMHO"
http://ragingbull.quote.com/mboard/boards.cgi?board=SLGLF&read=32747
oder hast du eine vermutung wo es her ist?
danke
Sie schreiben immer so interessante berichte, ich glaube an Silverado bin selber
mit ein paar am Markt. Heute hat es mal gar nicht so schlecht ausgesehen, verfolge den chart mittlerweile schon sehr intensiv, jetzt wie es aussieht wird wahrscheinlich bald
etwas kommen.. also gut festhalten und auf in den norden.
Einfach den Text hier rein kopieren und übersetzen lassen...
http://www.google.de/language_tools?hl=de
mit der übersetzung kann man doch auch nichts anfangen, außer das man die worte wenigstens kennt;)))
was habt ihr denn schon zu verlieren, gold un kohle ist für die welt besser als
papiergeld und öl
Guten Abend
TMTM
USA Today Article
Military tests 1st synthetic fuel for jets
By William M. Welch, USA TODAY
EDWARDS AIR FORCE BASE, Calif. — A 46-year-old jet lumbered off a runway this week on a flight that could lead to a new domestic fuel source, not just for the military but for commercial aviation as well.
An Air Force crew took the aging B-52 bomber aloft for more than two hours above the Mojave desert test range here in the military's first jet flight powered with synthetic fuel.
Air Force Undersecretary Ronald Sega declared the flight a success, even though an unrelated technical problem — a balky hydraulic landing gear — prompted the crew to cut short planned test maneuvers.
The Air Force's experiment is being watched by a commercial aviation industry eager to stabilize and cut fuel costs, which have soared along with the price of oil this year.
Sega, the Air Force's top energy official, said establishing the viability of synthetic fuel "is potentially important to others as well as" the military. Once testing on the B-52 is complete, he said, the Air Force will try the fuel in more modern jet engines, including those that power the KC-135 airborne refueling tanker, which uses the same engines as the Boeing 737, a workhorse of airlines.
"Some of the engines we have are the same as in commercial aviation," said Sega, a pilot and former space shuttle astronaut who rode in the cockpit for the test flight.
"We think this is a test that has potentially huge ramifications," said Maj. Gen. Curtis Bedke, commander of the test center here.
The Air Transport Association, the airlines' trade group, said it "strongly supports the development of alternatives to traditional oil-based jet fuel."
The bomber took off just after dawn with two of its eight engines powered with a 50-50 mixture of jet fuel, called JP-8, and a colorless synthetic fuel produced by a Tulsa-based company, Syntroleum. The synthetic was produced from natural gas, but officials said coal — which the nation has in abundance — could be used to produce an identical fuel.
The Air Force previously conducted more than 100 hours of ground tests with the fuel mixture. Within days, it plans to conduct more test flights, including use of the synthetic in all eight of the B-52's engines.
The objective of the tests is to establish that the 50-50 synthetic mixture produces engine performance equal to that of pure jet fuel, Air Force officials said. Their hope is that a switch to a synthetic mixture can be made without modifying aircraft engines, fuel systems and performance standards. The B-52 was chosen because its relatively old-fashioned fuel system permits crewmembers to manually direct fuel from specific tanks to each engine, making it easy to isolate the new mixture and measure its performance. Also, said Col. Arnie Bunch, crews were trained to land the craft under partial power if two engines fail.
Sega said engines running the new fuel appeared to operate identically to the other engines, though researchers will pore over flight data before reaching conclusions. He said the Air Force may also consider other mixtures, including a higher proportion of synthetic, which tests suggest burns with less pollution than regular fuel.
While new to the military's skies, synthetic fuel has a long history. It was championed in the late 1970s by the Carter administration, before the collapse of oil prices reduced interest and economic viability.
Sega said the method of turning raw carbon sources such as coal or natural gas into usable fuel was developed by German scientists in the 1920s and used briefly by Germany during World War II and later by South Africa.
The Air Force, which is the military's largest user of fuel, began looking at the idea anew in 1999, said Michael Aimone, the Air Force's assistant deputy chief of staff for logistics. He said the Air Force uses 2.6 billion gallons of jet fuel a year, at a cost of $4.5 billion.
Commercial U.S. airlines burn more than 53 million gallons of jet fuel per day, the industry group says. Fuel now amounts to 20% to 30% of total airline operating costs, twice the historical average, it said.
The project took on a new priority after President Bush, in his Jan. 31, 2006, State of the Union speech, set the goal of using technology to replace more than 75% of oil imports from the Middle East by 2025.
Bedke and other military officials said they don't know yet what kind of cost savings, if any, could be gained from using synthetic fuel. But its viability has grown with the price of oil. Beyond such savings, however, the officials said there are strong potential benefits of synthetic fuel, including cleaner emissions and a stable domestic energy source.
http://ragingbull.quote.com/mboard/boards.cgi?board=SLGLF&read=32756
Haben sehr schön korrigiert set Mai!!
über Silverado´s Green Fuel noch VOR
dem Kongress-Meeting!
"Ghost" Gold Mill Coming Back To Life
By Alex Michelini
Fri, 10 Dec 2004, 05:36 PST
FAIRBANKS, Alaska -- They've dusted off the crushing equipment, swept out the engineering and administrative offices and brushed a fresh coat of brown paint on the interior tanks, and yellow and green paint on the railings.
The spiffing-up at the shuttered Grant Gold Mill on the gentle slopes of Ester Dome in central Alaska, 10 miles northwest of here, is part of the effort to convert the mill into a demonstration plant producing liquid fuel from low-grade Alaska coal that could provide a significant answer to the world's oil crisis.
"We're all cleaned up and ready to convert. We have everybody on standby," said Garry Anselmo, CEO of Silverado Gold Mines Ltd., whose subsidiary, Silverado Green Fuel Inc., ("green" as in environmentally-friendly) is inching closer to obtaining the government and private funding to get the project rolling.
The “green fuel” process involves crushing the subbituminous coal, found in enormous quantities in Alaska's Beluga coalfields, into very fine particles that are then pressure-heated to release some of the water. The resulting combustible mixture of particles suspended in water is earmarked for use in industrial boilers and big diesel engines.
And maybe some day in jetliners and automobiles.
"It's very safe, very clean and a low-cost replacement for industrial burning of oil," said Anselmo from his Vancouver-based Silverado offices.
Anselmo said "green fuel" can be made from Alaska coal for $14 an equivalent barrel of oil -- even less, $9 a barrel, from coal in the Wyoming-Montana coal region.
With oil prices surging and calls for alternative fuel reaching a clamor, the conversion of Grant Gold Mill into a demonstration plant has taken on new urgency.
"All these developments have given new life to our project," said Anselmo. "Raw oil burning is expensive and too dirty."
Over the next couple of months, Silverado executives will meet with key members of the Alaska congressional delegation, the Department of Energy, the Department of Defense and the Department of Homeland Security to discuss funding for the project and the potential of the liquid fuel for use in the war on terror -- specifically, in Iraq.
Alaska Gov. Frank H. Murkowski has praised Silverado's "green fuel" potential.
As a U.S. senator two years ago, Murkowski, then-chairman of the Senate Energy and Natural Resources Committee, wrote: "[Silverado's low-rank coal-water fuel] could satisfy a considerable portion of the United States energy requirements in an inexpensive, environmentally friendly, and timely manner ... [and] could constitute an important new source of alternative energy for the United States and the world."
Anselmo estimates Silverado needs $10 million to convert Grant Gold Mill and $10 million to run it for three years.
The "green fuel" project is running on parallel tracks with Silverado's ongoing gold mining operations.
In 1994, Silverado recovered the 10th largest gold nugget in Alaska history, weighing 41.35 Troy Ounces.
The demonstration plant is necessary to produce the liquid fuel in large enough quantities to show potential users that it is a viable alternative.
If successful, Anselmo said Silverado would build a commercial plant in the Beluga region, where coal deposits are estimated at 2 billion tons. There is another billion or more tons near Healy, deeper in the interior of the state.
Silverado is also exploring the coal found in the Powder River Basin in southern Montana and Wyoming to produce the alternative fuel, and has begun talks with congressional officials from those states.
Silverado's Grant Gold Mill, which recovered 15,305 ounces of gold and 8,231 ounces of silver in the 1980s, is considered an ideal location for the demonstration plant because a lot of the equipment in the half-dozen buildings can be used in the production of "green fuel."
As a result, the plant could be converted quickly and cost-effectively, according to Silverado.
The facility would also serve as a training center.
The meetings to be held with defense and homeland security officials grow out of the safety elements of the liquid coal fuel and its potential use in the war in Iraq.
"If a rocket or grenade is tossed into a fuel supply, there's a huge explosion and mass of flame," said Anselmo. "But our fuel is non-toxic, non-hazardous and only flammable when injected and contained in a boiler, gasifier or heat engine."
And it eliminates the possibility of environmental damage from spills, said Anselmo, because in the event of a tanker breakup, the mixture of coal particles and water would simply sink to the ocean floor and form a substrate conducive to plant growth.
In addition to markets in the continental United States, Silverado has been talking with Congressional and power utility officials in Hawaii, the Chinese Coal Ministry in Beijing, the State of Guijaret in India, and is exploring opportunities in Indonesia, Malaysia and Thailand.
Warrack Willson, Silverado Green Fuel's vice president for fuel technology, led the development of the liquid fuel process.
Willson visited Asian countries currently using heavy fuel oil in their power plants, including coal mine and utility operators in China’s Heilongjiang Province, and reported progress toward forming a joint venture with Silverado to develop "green fuel" production plants.
"He spends his life on this," Anselmo said of Willson.
Anselmo, 60, has spent his working life in mining and finance. Before founding Silverado, he worked in field explorations with Kennecott Copper, Anaconda American Brass and American Metal Climax and then formed a consulting company and explored and built mines under contract for various mining clients.
http://www.greatpossibilities.com/articles/...tive_plant.shtml?page=1
Posted on Jan 26th, 2006 with stocks: SLGLF
http://gold.seekingalpha.com/article/6195
Roland Watson (New Era Investor) submits: The name Silverado Gold Mines (ticker: SLGLF.ob) is unlikely to trip off the tongues of gold stock investors these days. In fact, it is more likely to bring out the emotions of laughter, anger and a general shaking of heads amongst the gold-investing community.
But to those for whom it merely evokes curiosity, it is sufficient to say that back in 2002, this stock experienced a massive 840% run up in price from $0.09 to $0.76 as investors piled in before even more rapidly crashing back down to earth 4 months later to $0.10. The whole episode is charted below:
Since then, the stock has drifted ever down with the occasional and short-lived adventure upwards.
Readers may remember that the bust was triggered by an article by an analyst who suggested that all was not well in the Silverado camp. Within a day of that article appearing, the stock began the downward phase of its roller coaster ride.
By the time the plummeting was over, recriminations followed as Silverado CEO, Gary Anselmo, expressed disbelief as to why this had happened while a certain gold stock analyst mysteriously disappeared amongst accusations of pumping up the stock.
So much for 2003, but this is now 2006 and though memories may not have faded, I came to this stock as one who was a distant observer of that fleeting price spike. Below is the relative performance chart for Silverado and the HUI since gold stocks resumed their bull market back in May 2005. The daily chart for Silverado is also displayed here.
As a chartist, I have two things to note. The first is that Silverado hit a multi-year low of $0.03 a share in May before progressing to a recent high of just over $0.08. That is a 267% increase and by any measure a top performing stock over the last 8 months.
The second observation is the high correlation between the HUI and Silverado price over this period. Note how the Silverado price roughly tracks the rises and falls in the HUI index as they both advance to greater highs. There appears to be an unmistakeable correlation in price changes.
This leads us to the somewhat surprising conclusion that despite its recent history, Silverado is now a full-blooded participant of the gold stock bull market. Not only that, it has proved to be one of the best performers over that period!
Despite what you may think about this stock, its assets and management, I don’t think you can argue with the price or the correlation, the only question left to answer is "Why?‿ why is this stock off and running and leaving even the favoured juniors coughing dust in its wake? Indeed, did any gold stock newsletter recommend Silverado after it crash-landed at 3 cents? Now that would be a true contrarian if ever I saw one!
To answer the question of why, I had a look at recent news releases about Silverado. The first was the huge granting of $0.05 stock options to Silverado executives this month. Indeed, it was a rather large grant of 37 million options including older options being reset to the same price. In fact, this raised a further question about how many fully diluted shares existed for Silverado and what proportion was held in the form of stock options? Looking around suggested a figure of over 300 million shares outstanding with at least 10% as much again held as stock options.
Well, despite that news release of January 6th, and assuming the market reacted accordingly, the price began to rise to greater heights.
Secondly, there were further announcements on the 19th of private placements of over 17 million shares completed by Silverado in the month of December 2005 and an substantial number of warrants as well. Furthermore, another astounding 85 million common shares were issued this month yet all this news of share issuance had the effect of adding more fuel to the share price.
So, we had a massive granting of stock options and private share placements. Does this mean anything? Is it just coincidence or do these participants think something is afoot?
At that point I was tempted to think it was all to do with Silverado's coal to oil project that for some time has been pursuing government funding. Do some think that funding is afoot? Perhaps, but if this stock was acting like an energy stock, why was it closely tracking the HUI index? The answer is obviously because most regard it as a gold stock first and an energy stock second.
So, with nothing positive to say in terms of the fundamentals but with this interesting action in the issuance of shares and options, one is led to the other theory of "price by association". By that I mean that Silverado is a low priced gold stock and that is good enough for people to invest modest sums in it. Are they crazy? Do they like losing money or what? I suggest there is more to it than just hating your money.
As someone once eloquently put it, "When the tide comes in, all boats rise.‿ when the gold bull market begins to really takes off, any gold junior company looks attractive even if you just place 1% of your portfolio in it.
Of course, some boats look more the worse for wear, but they still rise and that is why people invest in them. They see it as a gamble with which they may punt a few hundred dollars. If they win, they may win big time. If they lose, that's okay, it's only 1% or so of their portfolio and they are diversified in their risk allocation. It's not a big deal, it's a low risk to reward ratio with potentially big gains.
If the saga of the low grade NASDAQ IPOs of the 1990s teaches us anything, it is that when a mania takes hold, there is too much money chasing too few stocks. The money has to go somewhere and the psychology of low priced stocks will have its way as investors hive off a few percent in the direction of speculative stocks.
Now, don't get me wrong. Silverado may have some good fundamentals that justify a higher price than $0.08. It's just that I don't see them at this point in time! If anyone knows what they are, send me an email. The main focus of this article is to answer the question of why Silverado has been one of the best performing stocks of this second phase gold bull so far despite the reputation it has and despite massive share issuance.
I hope I have partly answered that question. I have bought my modest position in the company and we'll see where it ends up in the new two or three years. I expect some medium term correction in the gold bull soon, but this bull market is far from over. When the totals are added up at the end of it, we may yet be surprised by some of the names that get near the top of the performance list.
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http://gold.seekingalpha.com/article/6195