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

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To: ddl who wrote (102)1/13/1998 1:32:00 PM
From: Richard Mazzarella  Read Replies (1) of 397
 
Denis, from today's Jay Taylor weekly update:

<<ÿ As the price of gold continues to remain in the doldrums and in fact threatens to head to even lower levels, one of my favorites stocks is EMR Microwave Technologies. This company is in fact making great progress toward demonstrating the commercial viability of its micro wave process not only for metal recoveries but also for the recovery of heavy oils. Bear in mind that the company is highly confident, based on its pilot plant work that it can reduce the cost of producing an ounce by $50 per ounce on projects that require roasting, autoclaving or bio-oxidation.ÿ With so many projects marginalized by lower gold prices, and with some recent success in treating various kinds of ores at its pilot plant, EMR is reportedly gaining an enormous amount of attention from mining companies. At its recent price of around $0.35, I think this company's shares are a steal.ÿ Call EMR at (506) 444-8704.>>
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