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Gold/Mining/Energy : Silver Recovery -- Itronics (ITRO)
ITRO 0.00010000.0%Oct 7 9:32 AM EST

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To: nikita who wrote (301)12/9/1997 10:50:00 AM
From: KipferlMeister  Read Replies (2) of 361
 
<<Itronics comes through as promised.>>

Yeah, It's refreshing <g>.

Interesting that gold is down another $4.00 today while silver is up .02, continuing its slow move up. Looks like a complete decoupling, but maybe an even larger, more explosive move in silver is being held in check by the weakness in the other PMs.

Re: Press Release, the fourth paragragh is a reminder that before the advent of its fert, ITRO was (and largely still is) an extractive company, specializing in liquid demetalization. Their technology has quite a few potential applications beyond the processing of photo-toxins. They've already helped the city of Reno with an environmental clean-up project a few years back, and there's plenty more work along those lines out there. Once the fert is established, I expect we'll see renewed focus in that direction. Who knows where the technology will lead? But along with with the huge size of the fert market, this represents the "blue sky" element of holding the stock, IMO.

-Michael
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