Donner Corp. International Issues Speculative Buy Recommendation On Itronics Inc.
IRVINE, Calif. and RENO, Nev., Oct. 26 /PRNewswire/ -- The following is being issued by Donner Corp. International, a member of the National Association of Securities Dealers, CRD number 37702.
Donner Corp. International, an Investment Banking firm headquartered in Irvine, Calif., today said it has initiated coverage and issued a Speculative Buy Recommendation on Itronics Inc. (OTC Bulletin Board: ITRO).
In the report, Donner Corp. said Itronics is highly undervalued due to a potential $1 billion market in the US alone for recycling photographic waste and no competitors in the foreseeable future. The report says more than 100 million gallons of photographic waste is generated in the US each year and the Environmental Protection Agency has determined that this waste is toxic to the environment.
Libby L. Weber, the Donner analyst, said Itronics ''represents the ideal business strategy in that it utilizes the waste from one industry to produce superior, quality products to sell to other industries.''
Itronics, headquartered in Reno, Nev., uses a proprietary process to recycle used photo chemicals, recovering virtually 100% of the heavy metals, including silver, which it recycles. Itronics uses the remaining photoliquids to manufacture top-rated fertilizer products.
The Donner report says Itronics has acquired a new manufacturing facility to expand its silver refining operations and is utilizing the second largest fertilizer marketing firm in the US to aggressively sell its products.
Copies of the report are available from Donner Corporation at 800-324-6050.
SOURCE: Donner Corp. International |
