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Shares of Global Resource Corporation (GBRC.PK) Soar Monday Up 15.46%; as Company Highlights Clean Coal Gasification Process

Global Resource Corporation (GBRC.PK) reports that it has commenced a second round of testing on coal using its patent pending technology.

The reason for the second round of tests is to substantiate original results. During initial testing, GRC’s lab technicians discovered only a miniscule CO or CO2 amount analyzed by their gas chromatograph/mass spectrometry equipment that was directly related to the oxygen naturally inherent to the bituminous coal samples tested.

If further testing confirms the results, GRC could very well be the first company to gasify coal without contributing a major greenhouse negative effect by not using oxygen in the gasification process.
  
The results of the first round of tests indicated that methane, other hydrocarbon gases, liquids in the diesel-heating range, and hydrogen were extracted from the bituminous coal.

After processing, what is left behind are activated carbon and coke as a residue. All of the products have real market value.

Global Resource Corp. has a patent pending process that allows for removal of oil and alternative petroleum products at very low cost from various resources, including shale deposits, tar sands, waste oil streams and bituminous coal.

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