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Gold/Mining/Energy : AZC - AZCO MININGS (AMEX:AZC)

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To: Tomato Man who wrote (75)6/4/1999 9:11:00 AM
From: BHunt   of 118
 
Tomato Man.....WOW...what a stroke of luck to run into AZCo.

You confirmed my impressions of Doug Ramshaw from my interactions with him. Yes, mica pricing continues to be tough to verify. When the mine plan is firm, they can write the contracts they have done the groundwork on. We may get a glimpse this summer of what kind of prices their higrade specialized micas will bring.

I am working on cosmetic and plastics grade DD today. This 625 mesh stuff you mentioned has got to be swell stuff. 325 mesh is the smallest particulate I have seen quoted yet. A plastics guy told me there were some very exciting cutting edge plastics being designed that use ultra small particulate. As companies work to improve existing products and create the best new things possible for their markets, it follows that higher quality ingredients would be in demand. To have mica be in use in such a stratified group of industries and products gives me great hope for my investment in AZC.

It's hard to be patient, but I think AZC is VERY COMMITTED to making this mine their highest priority from a cash flow angle. I hope I don't pop a vein waiting.

Thanks for sharing your meeting experience and further DD.

BHunt
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