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

To: jas singh MD who wrote (334)	3/31/1998 5:49:00 PM
From: Gerald Walls	Respond to of 603

I have no position in this company, short or long. Unfortunately I did have a position in IPMCF. Look what happened and was said there and compare it to this. Almost exactly the same. "Shorts aren't proving anything. They're just trying to scare people out of the stock." "Are you calling Beher Dolbear liars?" "They can't use the usual engineers because they need someone with specialized knowledge." "IPMCF must have had a good reason to loan the money to Namibian Copper interest free and then convert the loan to shares." "Forget B.D. They couldn't handle it. The Australian firm Lyco has much more experience in Platinum Group Metals." "Let's thank the shorts for providing this buying opportunity!" Yada yada. Professional shorts are predators with one objective: make money at the expense of others. Predators don't attack the strong but instead attack the sick and weak. The much bally-hoo'ed short squeeze rarely happens because the shorts are usually right or at least right enough. There's enough easy pickings that they have no reason to attempt to break a sound company, so why would they try? Most of the companies they attack need just a little push to break into a million pieces and they provide it. If shorting didn't exist maybe some of these companies would be successful, but that ain't the real world. Could this be one of the times the shorts are wrong? Sure. They get burned occasionally.

To: jas singh MD who wrote (334)	3/31/1998 10:12:00 PM
From: John S. Baker	Respond to of 603

> One final note, in regards to the sale of stock by Dr. Long, could somebody please inform me of the significance of selling 100-200 thousand shares if one owns ~2 million shares???????????? < Good point. Bill Gates sells a million dollars of Microsoft stock every month, and nobody thinks he's bailing out. Gotta take these things in perspective.

To: jas singh MD who wrote (334)	4/2/1998 10:38:00 PM
From: W.F. Schwertley	Read Replies (2) \| Respond to of 603

Company Press Release Thursday April 2, 6:19 pm Eastern Time Altair Announces Independent Confirmation of Camden Deposit CODY, WYOMING--(BUSINESS WIRE)--April 2, 1998-- (NASDAQ:ALTIF - news; Alberta Stock Exchange:AIL - news) Altair International Inc. today announced that TZ Minerals International Pty Ltd. (TZMI) has independently confirmed the mineral deposit characteristics for Altair's Camden, Tennessee heavy mineral sands deposit. TZMI concluded that the deposit contain 11.2 million tons heavy of minerals. The full text of their Executive Summary follows: ''TZMI has reviewed the March 1998 version of the Camden resource model prepared by Mine Development Associates (MDA). We consider the Camden mineral deposit to be an indicated resource. The deposit exhibits normal continuity of mineralization between holes and drill sections, as expected for a regressive series of beach placer deposits. Further, we consider the deposit amenable to definition by polygonal resource computation methods, such as the MDA model. MDA computations, at a 1.5 percent total heavy mineral (THM) cut-off yielded the following: Unit Tonnage (st tons) Grade (percent THM) ---- ---------------- ------------------ Strand (Bed 1) 306 million 3.62 percent Strand (Bed 2) 6 million 1.68 percent Overburden (NMU) 56 million 0 The reliability of these calculations had been checked by selected manual computation.'' The deposit characterization model developed by MDA includes the results of 66 auger holes drilled during 1997 and 1998 to confirm continuity of geologic structure, as well as 38 holes drilled by a previous explorer. ''As confirmed by TZMI, the Altair drilling program proved complimentary to earlier drilling - mineral content determined from a 104 drill hole data base is virtually the same as the determination based on 38 holes. This gives us added confidence in the predictability of deposit tonnage and grade as we prepare and finalize the prefeasibility study.'' said Dr. William P. Long, president of Altair. TZMI is an Australian based consultancy and accordingly utilizes Australian Resource/Reserve classification standards, which are comparable to those used by the U.S. Bureau of Mines.