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Gold/Mining/Energy : Phoenix Metals U.S.A. - PMTU -- Ignore unavailable to you. Want to Upgrade?

To: banco$ who wrote (19)	10/12/1998 8:52:00 PM
From: banco$	Read Replies (1) \| Respond to of 80

Press release forecasts web site activation next week. Sales should be logged this quarter as well! Wonder what Phoenix Metals means by "basic patent" and what other patents, if any, are being held back or placed in some other interest. Why didn't the company just say "the patent?" Odd for a closely held company.

To: banco$ who wrote (19)	10/18/1998 8:40:00 PM
From: banco$	Respond to of 80

Captions of (4) photos included in last new release & 'Rider A': Photo 1. View of the charging hopper and 13.5 ton rotary furnace looking over an inventory of head ore. Vapors from the furnace are directed to a cooling tower and emission control scrubber system shared with the 5 ton furnace which clean and cool gas temperatures from over 2000 degrees Fahrenheit to ambient temperatures before venting. Photo 2. A display of dore' metal anode plates. Each plate is accurately weighed and inventoried for electrowinning. The dore' anode plates weigh between 100 and 200 lbs. each, and are recovered when molten slag separates from the metal and is poured off. The dore' contains copper and/or silver used as collector metal, and precious metals including silver, gold and platinum group metals to be recovered. Photo 3. View of several closed-system dore' metal electrowinning tank assemblies. Collector and precious metals are plated off and metal anode mud is collected for further separation. Gasses are collected, treated and scrubbed to remove all toxic elements before venting. Photo 4. Phoenix Metals U.S.A. II, Inc. has leased 3,200 sq. ft. office space at the new Sir Williams Court complex located at 801 Rampart Blvd. in West Las Vegas, approximately 60 miles from the refinery in Searchlight and will house Company management including accounting, administration, engineering, marketing and investment. Rider A: The foregoing news release includes forward-looking statements concerning pre-production contracts, retention of a national accounting firm, relocation of Company headquarters and the commencement of a web site. These and similar other statements do not concern matters of historical fact. Federal securities laws provide a limited "safe harbor" for certain forward-looking statements. Forward-looking statements in this news release relating to pre-production contracts, retention of a national accounting firm, relocation of Company headquarters and the commencement of a web site are subject to all of the uncertainties and risks customarily and overall economic conditions, as well as the risk of adverse regulatory actions. The Company's results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.

To: banco$ who wrote (19)	11/5/1998 10:03:00 PM
From: banco$	Read Replies (1) \| Respond to of 80

Their website is overdue, no news. Found a nice long-term chart here: snap.com