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Gold/Mining/Energy : Silver Recovery -- Itronics (ITRO) -- Ignore unavailable to you. Want to Upgrade?

To: Tim Karpinski who wrote (304)	12/10/1997 10:37:00 AM
From: KipferlMeister	Respond to of 361

Yup Tim, that's the one. The place is supposedly built like a brick s***-house, with 18 inch concrete walls, huge spillage tanks in the basement etc... I can't remember the quoted replacement value, but it was in the several of millions. The quality of its construction should make the necessary permitting much easier. There's also a tenant in one part of it which will help defray costs for the time being. How're you and the new wife doing?? -Michael

To: Tim Karpinski who wrote (304)	12/10/1997 11:04:00 PM
From: AurumRabosa	Read Replies (2) \| Respond to of 361

Hi Tim, We took a drive out to Stead to get a feel for the new plant while up there for the shareholders meeting. I couldn't believe the growth in the area in the last few years. The first thing you see is the JC Penny warehouse which is so huge I couldn't even gauge it. There were numerous other warehouses and factories spread out comfortably throughout the area. They all have railroad spurs to them and there were 3 Union Pacific locomotives dropping off cars and picking them up. It appears from the number of rail cars we saw that it's a very active railroad. There's also a switching yard in nearby Sparks, Nevada on the mainline from Salt Lake City to Sacramento & San Francisco via Reno, Nevada. The new building has a rail line going by maybe 500 feet away with plenty of space to build a siding directly to the plant. A good portion of the building is occupied by a distributor called Component Parts. John says he won't need the entire floor space for awhile and the rent from Component Parts will significantly reduce Itronics' overhead costs. John was over in the Paso Robles, California area closing a deal to fertigate a golf course. As always John was talking with grape growers and the like in his tireless efforts to market the company. When we go back for Christmas I hope to see the inside of the new plant. I wouldn't be surprised if now that the deal is signed they don't post some photos on the their web page itronics.com