Silver Recovery -- Itronics (ITRO) Message Board

STOCKTALK

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.

Gold/Mining/Energy : Silver Recovery -- Itronics (ITRO)

ITRO 0.0001000

0.0%

Oct 31 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Claude Cormier who wrote (307)	12/10/1997 3:37:00 PM
From: KipferlMeister	Read Replies (1) of 361

Not entirely, Claude. The focus right now is on the fert because at these low initial volumes, fert sales will most immediately help the bottom line (those sales having been negligible up until now.) But there's profit at both ends: there's 1/5 oz. of silver in every gallon of photo waste and there's over 100 million gallons of the stuff produced each year in the US alone. A 10% penetration of that market would translate into 2 million ozs. of recovered silver a year. With the profitability from fert sales on the back end, they could easily afford to undercut any competition in attaining silver refining contracts. It's a very elegant business model, and they're moving with great care and intelligence to implement it. Signs are, it might work. You should call the president, John Whitney, at 1-800-368-1865. He's a very easy guy to talk to. -Michael

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next