Robert McEwen, chairman and CEO, U.S. Gold & David Adamson, The credit crisis is putting the squeeze on junior miners who are trying to raise capital. Market Morning speaks with U.S. Gold chairman and CEO Robert McEwen, and Rubicon Minerals president and CEO David Adamson about mining for money.
Rubicon Minerals Interview (TSX: RMX) Rubicon Minerals Corporation is a well-funded, top tier, gold exploration company deriving its strength from a hands-on management team with a track record of discovery. Rubicon controls over 65,000 acres of prime exploration ground in the prolific Red Lake gold camp of Ontario, Canada, which hosts Goldcorp\'s high-grade, world class Red Lake Mine. Rubicon\'s flagship property is the 100%-controlled Phoenix Gold Project, located in the heart of this producing camp.
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Sterling Silver Corporate Video TSXV: SMQ Sterling Mining Company has strengthened its status as one of the world\'s few primary silver producers by restoring the Sunshine Mine in North Idaho\'s \
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Powerwave Wavefront�s patented Powerwave process is an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock. These materials are composed of a solid matrix and pore structure, which contain fluids such as gas and oil. These fluids move through the pore networks or preferential flow paths established during the formation of the geological material.
Powerwave generates a fluid pressure pulse that causes a momentary elastic flexure of the pore structure. This pressure pulse moves fluid into and out of a larger number of pore networks, obtaining a more uniform injection front and resulting in increasing oil recovery from production operations.
Powerwave increases oil recovery by optimizing the performance of existing methods such as chemical EOR technologies, liquid CO2 injection, water injection, and surfactant / polymer flooding. When effectively implemented, Powerwave is the most efficient way to accelerate fluid flow and disperse liquids through oil-bearing geological material.
In Powerwave, oil producers have found a profitable, effective advantage::
* More ultimate recovery with prolonged field lives
* Additional, secondary recovery in oil fields that have been largely depleted or even abandoned
* Faster production, thanks to better well efficiency
* Fewer wells for the same or better oil production