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Gold/Mining/Energy : Altair Nanotechnologies -- Ignore unavailable to you. Want to Upgrade?


To: jas singh MD who wrote (235)2/14/1998 12:12:00 AM
From: kimberley  Read Replies (1) | Respond to of 603
 
Jas,

I also thought Altif was a Canadian company... although I never linked it to Bre-X (?) Why the F at the end, usually denoting a foreign company?

tia,
kim



To: jas singh MD who wrote (235)2/14/1998 12:13:00 AM
From: Michail Itkis  Respond to of 603
 
Personally I think Rajiv is being kind. Jas you are the one that is yelling and making personal accusations.

Let me try to clarify the following point:

1. The scientific or technical achievement is not the sole basis of evaluating a technology product. As an investor the commercial viability is the most important factor. I.e. can the device provide improved profitability, is it cost effective, reliable? can it be actually produced? Well to answer some questions here are a couple of quotes:

A. "There can be no assurance that the CJ, the Tennessee Property, or any other project being undertaken or proposed by the
Company will enable the Company to generate revenues or that the Company will ever realize a profit from operations."

B. "There is no assurance that the CJ testing program will be successful for any or all applications for which the CJ has been designed. Even if a current or future version of the CJ is capable of performing the functions for which it is designed, there can be no assurance that the CJ will be able to recover minerals
In a cost-effective manner or otherwise prove attractive to end-users. In addition, the introduction of new technologies by competitors could render the CJ obsolete or unmarketable or require costly alterations to make it marketable."

C. "There is no assurance that the Tennessee Property will prove amenable to large-scale, low-cost mining, as proposed by the Company, or that the Company will be able to obtain the capital and other resources necessary to mine the Tennessee Property."

D. "If the Company completes testing and develops a final production model of the CJ, of which there can be no assurance, the Company does not currently have the know-how or resources to establish its own manufacturing facility. There can be no assurance that the Company will obtain suitable manufacturing capacity or that such manufacturing capacity, if found, will produce affordable, high-quality units capable of sustaining high reliability and low maintenance costs in a production environment"
I know that you think the above are all more vicious lies ... but OOPS these are statements made by your beloved Dr. Long et all in their most recent filing with the SEC.
And just in case you think your equity position in the company is safe here is one more beauty from the same source:

"The Company's Articles of Incorporation authorize the issuance of an unlimited number of shares of Common Stock. All such shares may
be issued without any action or approval by the Company's stockholders."

That means each time the good Dr. needs some walking around money he will turn on the printing press and make newly minted shares.

Look, you may think that the goal of the shorts is to manipulate, but fundamentally the company destiny is set by it's products and management. So I stick by my strong belief that the only thing that the CJ will really separate well is the longs and they're hard earned money.

Michail



To: jas singh MD who wrote (235)2/14/1998 12:39:00 AM
From: Rajiv  Read Replies (1) | Respond to of 603
 
Jas,

You have exhibited mastery of the art of selective reading.
You have taken the parts of my posts which you think you can
use to flame me without reading the comments immediately
following it.

<)Altair is a Canadian based company> Interesting, I never knew that the States of Wyoming and Nevada were in Canada. Although I think Canada is considered to be the 51st state of the union. NOW YOU WEREN'T ATTEMPTING TO CONNECT ALTAIR WITH THE CANADIAN BRE-X SITUATION...WERE YOU???...

The last time I looked ALTIF is incorporated in Ontario, Canada.
The Nasdaq attaches a "F" at the end of the symbols for foreign
companies.
I know very well where ALTIF operates out of. I did not
associate ALTIF with bre-x. Are you insecure?

. Ok..so you want us to believe that Dupont is simply wasting their time and money using a commercial series jig if they did not see results from the 12 series that did not meet with their approval...RIGHT

I have made several posts on the DuPont connection. You have
obviously read them only selectively.

<)A sample of the jig was delivered to several companies for being tested QUITE SOME TIME BACK-no news> NOW LETS EXAMINE THE FACTS...Shall we?
BHPs testing program started on 10/20/97
Kerr-Mcgee started their evaluation on 12/8/97
I don't know about everyone else but I think the time required to fully evaluate new technology is more that a few months...don't you?


And you surely have the exact date when the evaluation was
started by DuPont. Wasn't that more than a year back. Why give
us the dates of only the last two. I was obviously referring
to DuPont. ALTIF is months/years away from getting any revenue from DuPont. Can we extrapolate this to BHP and Kerr-McGee?

Has mining rights on some property in TN ( the mining rights were previously held by several companies-each of which found it unprofitable> NO **it Sherlock!! That is why the JIG will unlock the potential of the property...Once again, how much does a ton of such material go for these days?...How many tons of material are on the property???

Again selective reading. The TN property was found unprofitable by others. I followed it with a comment that the key is the commercial
viability of the CJ.

If I tell you how much a ton goes for these days, will
you post your estimates of the revenues/earnings(losses)
in 1999/2000. Are you avoiding doing so for some reason.

zitel

I have been regularly reading the posts on the zitel thread
from before you appeared and have read all your posts.
By the way, I have been short zitl in the past (no position
at the moment). Your record with your zitl position
is surely showing huge % losses.

Finally, stop acting like a jerk. Grow up.

Regards,
Rajiv



To: jas singh MD who wrote (235)2/14/1998 12:44:00 AM
From: Roger A. Babb  Respond to of 603
 
Jas, Ontario is in Canada. From the S3:

FORM S-3
REGISTRATION STATEMENT
Under the
Securities Act of 1933
-------------------

Altair International Inc.
(Exact name of registrant as specified in its charter)

Province of Ontario, Canada
(State or other jurisdiction of
incorporation or organization)