EMR Microwave Technology (EMW.A) Message Board

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Gold/Mining/Energy : EMR Microwave Technology (EMW.A)

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To: Richard Mazzarella who wrote (99)	1/7/1998 10:53:00 AM
From: ddl	Read Replies (1) of 397

Hi Rick...I don't think the problem is selling it... They just finished their test plant and it's only been a few months where they have been able to prove their technology in a scaled up situation. The problem is time for one and most probably money for the other. It's fine to save money on extraction costs, but these days you also need the cash to buy the technology. On top of that, it's making a decision on new technology. No, I still think this one will do great, once they sign up 3-4 successful contracts and that might take a bit more time. I'll give them 6 months. By the way, Carl responded to the Minex deal saying there should be a report out on it sometime by the ned of this month maybe a bit later. The Colorado Minerals Research Institute has been to the site and took samples for tests and I guess that's what we're waiting for. I thought Minex was still waiting to raise capital to go ahead with this project, but I guess it's underway now. best to you - denis

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