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Gold/Mining/Energy : Altair Nanotechnologies
ALTI 4.700-1.7%Dec 26 9:30 AM EST

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To: Michael who wrote (559)2/5/1999 9:13:00 AM
From: CMason  Read Replies (1) of 603
 
Michael --

Thanks for the feedback. In regard to the CJ, I agree wholeheartedly that it is not unique and will have great difficulty finding a market, and I am supported by no less an authority than Altair International (in their May 1998 S-3/A:

Competing Products. The Company believes that the CJ currently faces several forms of competition in the commercial segregation of dense particles contained in feeds between 150 and 400 mesh, including the Kelsey Jig and the Knelsen batch concentrator unit, which are currently being used worldwide. As of mid-1995, according to the Kelsey jig's manufacturer, Geologics Pty. Ltd., 36 Kelsey jigs were in service at 28 sites worldwide, including two machines at one site in the United States. Knelsen units have been installed in various mining applications, primarily gold, throughout the world. There is no assurance that competitors, many of whom may have significant capital and resources, will not develop, or are not now in the process of developing, superior or less expensive alternatives to the CJ.

It is indeed a nice day.

Regards,

CMason
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