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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Ron Struthers who wrote (1319)	10/8/1998 1:46:00 PM
From: AurumRabosa	Read Replies (1) \| Respond to of 8010

Ron, I enjoyed your very interesting discussion of the silver market and posted a link to it over on the itronics.com thread. In part II did you review Itronics as a silver stock play? It's worth a look as they have several revenue sources that even out the fluctuations of the silver spot price. Itronics gets paid to collect the photobyproducts, they sell the silver that they extract from the photobyproduct with virtually 100% efficiency, and they use the remaining chelated mineral-rich syrup to formulate an award winning liquid fertilizer that is presently being applied to over 60 west coast golf courses and sold to grape growers and lawn care providers. The president, Dr John Whitney, is a metallurgical engineer who has done many years of mining engineering consultant work and will be applying his highly efficient extraction process to mine refining circuits to enhance the yield of precious metals. This should be very attractive to base metal miners that probably don't optimize for precious metal yields and tend to count them as a credit to reduce operating costs. Since 80% of silver comes as a byproduct of base metal mining I expect this to be a very lucrative addition to the Itronics bottom line. Your thoughts on ITRO would be appreciated.