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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (3771)	5/29/1998 2:55:00 PM
From: Wayne Rumball	Read Replies (1) of 25711

Here's some FASC info; Johnny and all: Here is a message from Ed Needham concerning gypsum grind results: ------------------------- I've been reading the thread for the last month or so. I am the past G.M. for FASC. I left in January of this year to go back to farming. The mills at FASC can produce material finer than 625 mesh. The standard for the gypsum ground at FASC is as follows: Mesh % Passing 200 96% 325 78% 400 40% 625 20% These figures are the typical results I would receive when I performed screen tests on ground samples. We found during testing that the mill would react very differently to different materials. The harder the material the better the grind. Harder materials also grind faster. Limestone works very well. The screen tests for Limestone usually had a finer grind than Gypsum. We also found that the size of the material being fed into the mill changed the grind and through put. The best size found for Gypsum, Limestone and other products of the same hardness was 3/4" to 1" rock. I would be happy to discuss my experience running FASC if you would like to call me. My office number is 805-721-8796. Ed Needham ----------------- I did call Ed and we had a nice conversation. He feels that the potential is good for FASC provided they get the funding problem solved. There should be some news soon concerning gypsum production. He mentioned that they had a shipment at the rail head and that management will be down next week to get things going. Now that the fields are drying out, demand for gypsum and other soil nutrients will be high. Ed left FASC to get back into farming and he bought a citrus farm. He still keeps in contact with the company and speaks well of management and the employees. Lee

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