SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Itronics (ITRO) - Fertilizer growth story
ITRO 0.00010000.0%Dec 26 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert J Mullenbach who wrote (2087)1/15/2002 11:46:16 PM
From: HRDonica  Read Replies (1) of 2126
 
Robert,

IMHO, a higher silver price is like printing money for this company. All profit! Their costs do not go up so any price increase goes right into the profit margins.

Also, a higher silver price will generate more investor interest in this stock as it does in conventional mining. The mining industry classifies this company as being in the "urban mining" category. With greater investor interest (more buying pressure) and higher margins on processing, the higher silver price results in a big DOUBLE WHAMMY!

Herb
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext