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Gold/Mining/Energy : FASC (First American Scientific Corp) -- Ignore unavailable to you. Want to Upgrade?

To: Frank Summers who wrote (184)	5/19/1998 12:59:00 PM
From: Lee Bush	Read Replies (2) \| Respond to of 972

Frank and all: My impressions were positive. The plant seems to work well and is capable of putting out 8 to 10 tons an hour of materials. With two shifts, that figures in the range of 3,000 tons per month, equating (by the company's estimate) to revenues of around $175k per month. I observed that a great many of the farms in the Bakersfield area have mixing pots on their water supply. The fields are drying out pretty well and the area was a bee hive of activity. I'm sure there is ample market for these products. El Ni¤o has been cruel, but things are getting back to normal this month. I'm not particularly enamoured over the chain technology, but it seems to work. I would have thought that a roller or ball mill would require less maintenance, but I suppose they have looked into all options. As far as the volume anomaly, they were as surprised as we were. By the way, Mary does read the thread and has provided the url to Jack. I asked Mary to try to get Jack to post on the thread and gave her some examples of other threads where CEOs do that. We will just have to see what Jack decides on that one. It would be nice to have the company answer our questions directly. YOYO: I have not purchased any additional stock. Take a look at a long term chart on this stock and you will see that this level is a real buy point in my opinion, assuming we get the funding to expand the business. Lee