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Gold/Mining/Energy : Altair Nanotechnologies
ALTI 4.650+0.9%Dec 31 3:59 PM EST
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To: jas singh MD who wrote (256)3/2/1998 7:37:00 AM
From: Mr Logic   of 603
 
Jas
to be able to place a value on the property then they won't have to start production, but will have to achieve proven reserve status. That takes a *lot* of drilling, dependent a little bit on how homogeneous the dirt appears to be. Assays would be required on the material, and I would expect that at the very least a large scale pilot production process demonstrated to prove that it works, and to understand extraction costs. Many $millions will be required before a value can be put on the property.
P.
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