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Gold/Mining/Energy : Altair Nanotechnologies
ALTI 4.100-3.1%Jan 9 9:30 AM EST

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To: John S. Baker who wrote (191)2/1/1998 10:17:00 PM
From: jas singh MD  Read Replies (2) of 603
 
Good evening John,
First of all, thankyou for the url!! In regards to the increase in the short position, some people probably noticed the sharp increase in the share price over the past two months and then looked at the earnings or lack thereof at this time. The mistake that they are making is that the company now has an intrinsic(sp) value because of the minerals noted to be in the Tenn. property. In addition, we are currently working with three of the largest mining companies around!! If there was a problem with this technology, why is it that dupont mining currently is using our production model in their Florida plant. Mind you that they first tested the 12" jig before upgrading to the 30" jig. Revenues enerated from these companies will obviously be seperate from any generated from their Tenn. property. This ofcourse depends upon successful testing by these mining firms...however, everything I've read/heard about the jig points to satisfaction.....we shall see.

Sincerely,

Jas
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