RITE MineralRite Corp.
Website ~ http://www.mineralrite.com
MineralRite Corporation is a development stage Company in the business of mineral processing, certification and sales of precious metals. Based on current trends in the mining industry including recovery, processing and spot pricing, MineralRite will specialize in the extraction of precious metals from ore bodies.
MineralRite's primary focus in the natural resource sector is gold. Using its advanced metals extraction technology, MineralRite is well positioned to meet the large demand for clean processing of precious metals including gold, platinum, rare earths and silver. The MineralRite process reduces the carbon footprint of traditional precious metals processing and recycles, reactivates and allows for the reuse of activated carbon for precious metals recovery.
RITE ~ Process and Facility
MineralRite has developed technology advancements in nano-deposition layering metals and the usage of catalytic metals (Platinum, Palladium, Iridium and Rhodium), which are able to outperform the industrial base metals in many applications. This is particularly applicable in the area of energy production.
There is significant movement by society toward the usage of fuel cells, electrolysis cells, anode and cathode configurations, and catalytic reactor plates. All of these can be considered sustainable fuel technologies that will benefit from the technology advancements in catalytic metals, which is a key aspect of the company's success.
RITE ~ Business Units
The company has two core business units to service the vast and expanding mineral industry, MRG (MineralRite Recovery Group) and MSG (MineralRite Sales Group).
MineralRite Recovery Group (MRG) is our operating group which utilizes,among other stated factors, its proprietary technology for the extraction of precious metals from ore bodies, reclaimed mine tailings and High Value Concentrate material. Our process isolates and recovers precious minerals like gold, silver, platinum, palladium and rare earth oxides.
We are a mineral processing and certification company with an objective of using our expertise and proprietary methods in mineral enhancement technologies to add extra value services to the mining industry for the benefit of our shareholders. Our primary mineral focus in the natural resource sector is gold.
Management has a track record of identifying undervalued mineral and precious metal reserves on 3 continents, and therefore MineralRite Sales Group (MSG) will focus on identification, certification and sale of undervalued mineral assets throughout the world. The purpose of the Company is use its management's experience to engage in the business of mineral processing, certification and sales.
MineralRite Corporation is publicly traded on the OTC Market under the symbol, “RITE”, and within the OTC-QB market tier. As such, Business, Operational, and Financial information on RITE is fully transparent and available to public view.
Visit: http://www.otcmarkets.com/stock/RITE/company-info to see complete details.
MineralRite Corporation is Active on the Nevada Secretary of State site:
A/S: 510 Million
O/S: 41 Million as of November 15th
(Please note the share structure posted is what we have gathered but can change on a daily basis. Contact the Company or Transfer Agent to get the most current information.)
Their latest 10-Q Quarterly Report:
Filed on 11/19/12 ~ For the period ending 9/30/12
Incorporated In: Nevada in 2005
Nevada Agency and Transfer Company
50 W. Liberty St.
Reno, NV 89501
News Disclaimer: The following is a Press Release we came accross on Yahoo Finance News. We have no idea if the content of this news is based on Fact or Fiction. Although Yahoo Finance is a reputable company, you should NOT assume that a press wire hosted by Yahoo Finance is accurate just because it is on their site. StockGoodies will not be held responsible for any news that is misleading or non-factual.
PR Newswire ~ (December 12)
Mineralrite Provides Corporate Update
7044 Portal Way, Unit K-110
Ferndale, WA 98248
WANT A QUICKER WAY TO GET OUR ALERTS?
TEXT "Stock" to 99000
Follow Us on Twitter
Follow StockGoodies Blog
Follow Us on Facebook
Follow Us on PennyStockTweets
As Always: Our Number 1 Priority is to educate. Penny stocks are very volatile. Always do your own Due Diligence.
Sources: http://bloomberg.com - http://finance.yahoo.com - http://businessweek.com - http://otcmarkets.com/marketActivity/current-otc-market
(these are only sources and not always up to date)
If you are new to trading penny stocks we strongly advise you to spend some time trading virtual money. They say that “You never really become a real trader until you wipeout your portfolio.” We say take that wipeout while not losing your real money.
Here are a few sites where you can easily set up a virtual account:
First check your broker. Some have them already like TD Ameritrade/Think or Swim