Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jim K. who wrote (412)	8/3/1998 4:10:00 PM
From: Jim K.	Read Replies (1) \| Respond to of 972

$$$$ More on Jack Beans $$$$$ This is in response to my question "What the hell are Jack Beans ?" Jack Beans are a bean that has been grown by a chemist in California. This variety of bean has been found to contain an enzyme that is used during kidney dialysis. He has had the beans milled by many processes and FASC's mills produced the highest extraction level of the enzyme. The contract is only for 1 million pounds (500 tons) This would only take the plant about 10 days to mill. The problem is that since the chemist has found that FASC can mill the beans to his specs he must now grow more beans. I don't know the profit margin but I hope they pump up the mill rate because the beans are worth big $. It is my understanding that FASC is the only cost effective method for high volume grinding at the desired specifications of Jack Beans for this purpose, therefore I would think they could get a premium price for these contracts. ________________________________ I found one place on the internet that quoted a price for one of the elements at $250 to $300 per mg. Jim K.