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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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From: The Barracudaâ„¢1/10/2005 7:38:00 PM
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Action Minerals ATM.v 45 cents

I own these shares

100MM ton deposit of bentonite going to be vended into ATM giving current owners of deposit 51% of ATM. ATM will raise $5MM bucks to put in production 2.5MM shares out before rto

sedar.com

What does bentonite sell for?

A post from SH


Just called a miner of the stuff and asked. "How much does this stuff sell for?"
He asked, "what do you want to use it for?"
I said, "kitty litter."
Kitty litter is the least expensive grade of this stuff. I'm guessing again.

He said, "Where do you wnat it?"

I said, "Arizona."

He said, "you should be able to get it down there for about $150/ton with shipping-shipping will be your big cost."


Hmmmm, let me see $150/ton x 100,000,000 tons = $15,000,000,000
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