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Gold/Mining/Energy : AZC - AZCO MININGS (AMEX:AZC) -- Ignore unavailable to you. Want to Upgrade?

To: BHunt who wrote (99)	6/24/1999 5:49:00 PM
From: Bill Fortune III	Respond to of 118

Hi BHunt and thank you for taking the time to create and post those estimates and possibilities. The only thing that I would like to mention is that the figures you presented blow me away. Even the conservative method you referred would be a 208% at worst and a 653% gain based on today's closing price with the best gain being 3,289% or better. WOW! I think that maybe you should do some consulting for AZC in regards to investor relations. Your presentations give credence to what a great potential there is in AZC. As potential goes I believe AZC is one of the best I have owned over the last 25 years. Thanks again and regards, Bill Fortune III

To: BHunt who wrote (99)	6/24/1999 6:06:00 PM
From: Tim Hall	Read Replies (1) \| Respond to of 118

To help you with your perspective, here are some quotes from "Mining Engineering" June 1999, Industrial Minerals Outlook, the Mica section. "US scrap and flake mine production in 1998 was estimated at 89,000 short tons valued at $9 million. About 52% was produced in North Carolina. Additional production came from georgia, New Mexico, South Carolina and South Dakota. The scrap and flake mica was processed to produce an estimated 86,000 short tons of ground mica valued at $27 million." Further on - - - "Most mica was ground using a dry process. But a small quantity was produced using a costly wet process that preserves the luster and sheen of the mica particles and produces a higher value product. The estimated value of wet-ground mica used in the United States in 1998 was $910 per short ton, while dry ground mica averaged $163 per short ton." The value of the wet ground mica was only about $.45 per pound. Using prices of 1 to 14 might involve a little dreaming. VBG Tim