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For those of you that are looking for a Head to hang on the wall . Let me remind you that there are three Men at the at the top of Itronics, and Auric Gold & Mineral that have over a century of knowledge in the Mining Industries, Chemical Engineering, and Geology. A century of connections from working all over the World. They have their own sales force working with Farming and Fertilizer too. I have my own idea what is needed. The need for Industries to change when something better comes along.
Thank you, Chipaway, I will do that! Following BLEG's advance now. Wish you well, my friend.
Very well said!!!!
The only thing I can suggest is you call Kyle who's in charge of HR and express your thoughts like I have several times.
Greetings Chipaway & Doorcounty!
I'm in the same situation as you, I invested my first money in this stock long before the reverse split in 2008. Since then I've gradually built up my position, but was blinded - not enough to sell - when the price skyrocketed in early 2021.
I would also be in favour of asking Mr Whitney to step down and replace him with someone who has less vested interests but more sense of commercial success. However, I would first seek a revaluation of the old shares rather than investing fresh money in Itro's new activities. I am also convinced that nobody would really get in unless they see a serious restoration of the fundamental value of the old shares.
With all respect to Dr. Whitney, your statement is valid & true. I have followed & invested in Itronics for over those 30 years. Would you have suggestions on how & where we can find out as soon as trading commences? I look forward to investing in this new activity. Thanks for any information you may learn.
At this point, I like to think that we all can agree that Mr. Whitney needs to retire and or turn over the reigns to someone else who's more aggressive, organized and financially minded. We seem to just keep spinning in circles and I'm just not seeing the kind of forward momentum we should be having after 30+ years in business and numerous reverse splits.
From latest Itronics Update:
The Company plans to restart pilot scale circuit board refining operations in 2024…
Maybe they should get into cheese making ... it seems to be profitable ..
https://newatlas.com/materials/gold-electronic-waste/
https://www.goldngro.com/des-chemistry.html
I found this to be a interesting read about Itronics....
Finally a sign of life again!
Any of you read and analysed this rather detailed investors update from Itronics?
All I see in it is crowdfunding, raising money ... etc.
As an shareholder in this company, I'm wondering if my existing shares will regain their value,
or some value, or if everything will be done through newly funded subsidiaries,
i.e. procurement of new funds against the issue of new shares ...?
The only place you can buy Itronics shares out side of the company is on the Expert Market. Just Google Expert Market To find out more about that. Trading of the shares is not available to the general public at this time.......
Thank you! I appreciate your info. I always enjoy your messages. Take care, harpe5368. I'd like to be available to invest when we are able.
The stock is still not trading at this time. The need to get their SEC filing up to date. All other question you might want to call the company ask for Kyle.......
Do you know if the stock has restrictions to purchase? I see alot of zeros next to my ITRO quote. Any idea how to invest in ITRO, or is waiting necessary before they need to update their filings? Any help would be appreciated. Followed Itronics for decades, but lost touch after the rs. Sold out at just under $2.00 @ share & then the bottom dropped out. I've been to their facility North of Reno, Nevada & talked to one of the employees in 2005. Thank you for your information message. Wish you well: H5368.
Itronics Updates Investors - Announces Plan to Activate Auric Gold & Minerals, Inc.
"When the time has come when there is technologies available for mining companies to
cleanup their environmental contamination at a profit. ..."
I believe that not only that, but also, as you write, a certain amount of pressure must be exerted by the authorities, pressure to avoid further environmental damage, pressure, possibly with subsidies as a lure, to clean up contaminated sites where necessary. The increasingly expensive and problematic extraction of sands is playing an ever greater role in financial considerations!
I see this as an immense opportunity that needs to be utilised!
When the time has come when there is technologies available for mining companies to
cleanup their environmental contamination at a profit. The new rule should be clean it up or shut it down. That's how you get things done. E.P.A. _ B.L.M. _ NV. The state of Nevada has some of the big'est super fund area's slated for cleanup in the country.
I'm hoping so like the rest of us here.
Itronic's plan to reduce the global shortage of construction sand could come at just the right time
https://fb.watch/pca3jhnWgU/
Nicknamed the "Silver State", Nevada is actually the largest gold-producing state in the U.S. and fourth-largest in the world. Welcome to Nevada! the Silver, Gold, and Sand and Gravel State.
Hmm, I see. Very insightful and potentially a windfall for Itronics and its sharehold. I just really wish and hope that they will just follow through. We shall see.
Environmental issues......Endanger Spices Act. Clean Water Act. Frogs, Owl, Salmon, Steal head fish, many more Animals, and Plants. The three that were shut down. Two were on Rivers. Big no,no in Cali, and the third was a open pit mine. Welcome to California. There going to need a lot of sized Rock, and the train track come from Reno strait into the S.F. Bay Area.....
Curious why they were shut down?
Up here were I live in Mendocino County ca. in the past 5 years they have shut down three Industrial Minerals operations. We have to truck sized rock from up to one hundred miles away. eventually they will all be shut down, and imported from elsewhere....Canada, hopefully NV.
Fingers are crossed , perhaps there is still hope for this one .
Yes, finally there is a sign of life:
Itronics Rock Kleen Secures Representative Agent in Australasia – Provides Solution to Growing Sand Scarcity
https://portal.sina.com.hk/finance/finance-globenewswire/globenewswire/2023/12/05/657220/itronics-rock-kleen-secures-representative-agent-in-australasia-provides-solution-to-growing-sand-scarcity/
I read all the post here and on yahoo, and P.R. and I call the company once every few month,
Complete mismanagement in my opinion. Dr. Whitney should have handed the reigns over …
That was what I meant by my posting of 07/10/23, if there weren't ways to accomplish this together:
There are supposed to be certain possibilities if you can get 10% of the shareholders together for a small revolt ...
Check out my post# 23810 from back in April where I pretty much (in my opinion) summed up the situation we find ourselves in. In short, over 30 YEARS and several reverse splits later and untold glowing Press Releases, we are no closer (again in my opinion) to have this company where it should be by now. Complete mismanagement in my opinion. Dr. Whitney should have handed the reigns over to someone else years ago and put all of his focus into R & D, while someone else actually managed the business. While they're all drawing a pay check, our investment dollars have been needlessly frozen for over two years and who knows how much longer. Talk about a complete lack of concern for those that helped finance the business or those like myself who have lost $ on their RS's. Ugh!!!
They keep trying to finances the cart before the horse. Get enough financing to jump start Fertilizer sales. Get ahead of the orders when they come instead of behind trying to play catch up. Enough financing to stock piling ingredients ahead of orders. If i'm not mistaken almost all of the minerals from RockKleen, Zinc dust, battery paste, and so on, and so on is going to be used in Fertilizer. A revolving loan slash line of credit tied to account receivables might work.
I'm so with you!!!
That is a big part of ITRO's business model
I wish they would not only look for investors with such an idea, but would go into production with the propagated test runs already carried out at companies!
Unfortunately, almost all of their great ideas, which they had tackled with a lot of publicity, had got stuck in so-called test phases,
and again test phases, and again ...!
The goal is to finance rather than dilute. Wish full thinking. They need to get started then. They can start by increasing Fertilizer sale to about 5700 tons a year. That what the plant in Stead N.V. is suppose to produces in a year with one shift. OW that right they need financing. The end results of all their services is Metal, Minerals, and Fertilizer. You can't have the first two without a huge increase in Fertilizer sales...................Getrrrrrrr done
I agree. Further, if everything they've been pushing is true, you would think there would be potential buyers lined up for not only the products and services as well as potential buyers of the entire company. Ugh!
(Perhaps the emerging shortage of sand will be a game changer, where cleaned mine tailings could serve as an alternative.)............That is a big part ot ITRO's business model. It's called Industrial Minerals. There are billion of tons of mining tailings in the U.S. alone. I live on the northern Californian Coast and I see million of ton of Industrial Minerals on HUGE barges coming out of Canada with destination all up and down the west coast of the U.S.........There has been interest in Rock Clean that I believe is still on going. (Testing) My opinion only.
It is well known that competition is unwelcome. But if the quality of Gold'n Grow is supposed to be so unique, the individual managers should actually want to include the product in their range without much persuasion!
Even their recently promising "New Rock Clean Technology" is not bringing in any money, although various mining companies are reportedly keen to buy it ...
Perhaps the emerging shortage of sand will be a gamechanger, where cleaned mine tailings could serve as an alternative.
GoldenGrow Fertilizer has been proven to be a superior product. That's not enough. Our distributor (one of the largest in the world) has hundreds and hundreds of retail Fertilizer outlets in the U.S. Each one has it's own Manager running the business. Itronics has to reach out to each Manager of each business with their GoldnGrow sales pitch and convince them to stock and sale our Fertilizer. There are a lot huge player's in this industries that don't want the competition. It's going to be a tough sale, and everything else Itronics has on going is tied to Fertilizer sales. This is my opinion only.
Many thanks for your message from me too!
I find it strange that with the "new Rock Kleen technology" and the breakthrough of the "GOLD'n GRO multi-nutrient liquid fertiliser", which were highly praised last year, they suddenly have no money in hand. And that despite production facilities and the Wabuska expansion just short time ago purchased for 1.6 million, they can't even raise the money for a proper SEC report ...
What have they gambled on?
As you write, the Fertiliser story still seems to offer some hope ... but the sales are down ...
The Californian almond yields are good, so what's the problem with ITRO's Gold'n Grow sales, which wanted to establish itself strongly there and thus achieve an upswing?
Nice job! Itronics problem has always been finance, and where to spend what little revenues they have coming in. To bad ! My opinion is that their technology is well ahead of the curve when it comes to cleaning up environmental waste. When it comes to the mining industries it seem the powers to be. (gov) just look the other way.
Okay, so I did call and speak with Kyle who is Investor Relations. We spoke for a longggg time and I asked every question I could possibly think of. I don't believe anything was said that can't be repeated. The company is still up and running, but there have been some (more) setbacks. The kilns to recycle are down and evidently need expensive parts to fix and they don't have the money to do it. It sounds like Gold n Grow sales are what's keeping the lights on, however sales are down. Their market is presently limited to California, but they have ambitions of expanding. They're working with some big unnamed mining company testing their Rock Clean Tech and it has been going well. They're hoping to do some major partnering with said unnamed mining company at some point, but again finances are the obstacle. The goal is to finance rather than dilute. They've applied for Government grants that said government supposedly wants to shower recycling industries with, but nothings panned out. It appears all grants are going to large corporations that don't need the hand out (no surprise there) while the little guys are once again being passed over. It's the old who you know, in my opinion. The one ray of sunshine was the mention that Dr. Whitney may at some point (there's that word again, some day) hand over the day to day operations to another, while he would focus more on R & D That has been my biggest hope. All that said, we are still inactively trading and I'm not overly optimistic that we'll be trading anytime soon. We seem to be stuck in a state of suspended animation.
Me too ...
Is there no legal way to get them to make a definitive statement? For some, a decision could have financial consequences, whether to write off the securities for tax purposes this year, or to keep them if there is still hope.
I have tried several times no response
As you wrote earlier, you had e-mail contact with ITRO-management. Are there any sign of life from them, even recently?
There are supposed to be certain possibilities if you can get 10% of the shareholders together for a small revolt ... turn up the dimmer instead of letting your invested money go bust!
You got that right !!! What a disgrace. It's going on two years without the audit that was promised as well as lifting the SEC hold on this. Absolutely NO consideration for existing shareholders (bag holders). I'm thinking at this point that Dr. Whitney and Mr. Biden are on the same nap schedule. Time to turn this over to someone else with a burning desire to take this where it should be after 30 YEARS!!! Are the lights on you ask? Maybe, but someone's forgotten to turn the dimmer switch up. Not a happy camper here!
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https://www.otcmarkets.com/stock/ITRO/overview
ITRONICS INC.
Investor Relations:
E-mail: investor@itronics.com
Phone Number: 775-689-7696
Itronics, Inc.
6490 S. McCarran Blvd.
Bldg. C, Ste. 23
Reno, Nevada 89509
CURRENT PINK SHEET INFO
Estimated Market Cap $21,261,243 As of March 11, 2021
As of March 11, 2021, the Company had 18,983,253 common shares issued or in process
20 Billion A / S
Securities Transfer Corp.
2591 Dallas Pky.
Suite 102
Frisco, TX 75034
Welcome to Itronics
The only company in the world with vertically integrated “zero waste” photochemical recycling facility that produces highly effective GOLD’n GRO liquid fertilizers for use in rural and suburban agriculture and horticulture. Itronics operates the only vertically integrated, fully permitted facility, in the United States that uses its breakthrough “Beneficial Use Photochemical, Silver, and Water Recycling Technology” to convert liquid photographic waste into pure silver and GOLD’n GRO liquid fertilizers. The 140 year old Photographic Industry can now be a truly “Green Industry” and a world leader in maximizing global resource sustainability and improving agriculture and horticulture by globally supporting and promoting this leading edge Cleantech.
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative Environmental Technology" company. Itronics, through its subsidiary, Itronics Metallurgical, Inc., is the only company with a fully permitted "Beneficial Use Photochemical, Silver, and Water Recycling" plant in the United States that can convert used photoliquids into pure silver and GOLD'n GRO liquid fertilizers. The Company also provides environmentally compatible mining technology development, project planning, and technical services to the gold mining industry. Itronics has received numerous domestic and international awards that recognize its ability to successfully create and implement new environmentally compatible recycling and fertilizer technologies.
Itronics, through its subsidiary, Itronics Metallurgical, Inc., is the only company in the world with a "Beneficial Use Photochemical, Silver, and Water Recycling" facility that extracts more than 99 percent of the silver and virtually all the other toxic heavy metals from used photoliquids and converts the resulting liquids into environmentally beneficial, chelated, multinutrient liquid fertilizer products sold under the GOLD'n GRO trademark, and 5 troy ounce, 0.999 pure, Silver Nevada Miner numismatic bars. The environmentally friendly liquid fertilizers can be used for lawns and houseplants, and are available, along with GOLD'n GRO liquid fertilizer injectors, at the Company's "e-store" catalog at http://goldngro.com . The popular Silver Nevada Miner bars are available at the Company's "e-store" catalog at http://www.itromet.com .
Headquartered in Reno, Nevada, Itronics Inc. is Nevada's leading "Beneficial Use Recycling" company and a world leader in photochemical recycling. The Company also provides project planning and technical services to the mining industry. Dr. John Whitney, Itronics President, was selected as Nevada's Inventor of the Year for 2000 and is a member of the Inventor's Hall of Fame at the University of Nevada, Reno. Itronics was one of five finalists for the 2001 Kirkpatrick Chemical Engineering Award, the most prestigious worldwide award in chemical engineering technologies.
Directors & Executive Officers
John W. Whitney
In addition to being the President and a Director of the Company, 1988 to present, Dr. Whitney is the President and a Director of each of the operating subsidiaries, Itronics Metallurgical, Inc. and Whitney & Whitney, Inc. Dr. Whitney also serves as the General Manager of American Hydromet, a joint venture.
He received his Ph.D. in Mineral Economics from Pennsylvania State University in 1976, his M.S. in Mineralogy from the University of Nebraska in 1971, and his B.S. in Geology from the University of Nebraska in 1970. Dr. Whitney has served as President of Whitney & Whitney, Inc. since its formation in 1977.
Prior to his serving as W&W full-time president, Dr. Whitney worked as a consultant for the Office of Technology Assessment, U.S. Congress, doing analysis of various Alaskan mineral issues (1977-1978), a consultant for various government agencies, including the office of Mineral Policy Analysis in the U.S. Department of Interior, and the Washington office of the U.S. Bureau of Mines, consulting firms, law firms and mining companies on a variety of mineral planning issues (1976-1977), as a consultant for BKW Associates, Inc. evaluating mining investment opportunities in Mexico and the Philippines (1973-1975), and as a geologist-mineralogist for Humble Oil & Refining Company and GeoTerrex Ltd. (1971-1972).
Dr. Whitney is an internationally recognized consultant in the field of Metal and Material Resource Economics. Dr. Whitney has presented seminars for various clients on Mining Economics, and has taught a three-credit graduate course on International Metal Economics for the University of Arizona's College of Mines. Dr. Whitney is an Honorary Faculty Member of the Academy for Metals and Materials under the seal of the American Society for Metals. Dr. Whitney has made numerous presentations and written a number of publications on various technical subjects within his broad area of expertise. Dr. Whitney is coinventor of the American Hydromet process technology and holds four patents. Dr Whitney was selected as Nevada’s Inventor of the Year for 2000 and became a member of the Inventor’s Hall of Fame at the University of Nevada, Reno.
Howland S. Green
Mr. Green was appointed as our director and as the Northeast Manager of GOLD’n GRO sales in April 2005. He received a B.Sc. degree in plant science and landscape architecture from the University of Rhode Island in 1981. He founded the Holly Ridge Nursery in Kingston, Rhode Island in 1989 and was its owner and President until the business was sold in September 2005. He is the concept creator and a founder of the North American Deer Management Network. Mr. Green researched and developed Mirrepel and subsequently co-developed the GOLD’n GRO Guardian systemic deer and rabbit repellents. Through his ownership of the Holly Ridge Nursery he gained extensive knowledge of the landscape construction and maintenance and wholesale and retail nursery markets. He has also served as consultant to “Ask This Old House”.
Gregory S. Skinner, Esq.
Mr. Skinner has served as secretary and general counsel of the Company and its subsidiaries since December 1990. He obtained his B.A. degree in Economics from the University of California at Berkeley in 1976. He obtained his J.D. degree from Hastings College of the Law, University of California at San Francisco in 1979. He is licensed to practice law in the states of California and Nevada. He retired from the practice of law on January 1, 2003 and is “of counsel” to the law office of Watson & Rounds, a Professional Corporation (WR). Prior to December 31, 2002 he was a shareholder in Skinner, Watson & Rounds, which had offices located in Reno, Las Vegas, and Incline Village, Nevada. Prior to becoming Secretary of Itronics Inc., Mr. Skinner has provided legal services and advice to Whitney & Whitney, Inc. since 1980.
Duane H. Rasmussen
Mr. Rasmussen has served as Vice President and General Manager of IMI since May 1994. He became Vice President of the Company in November 1997. He initially joined the Company in 1991 as Assistant Manager and Business Consultant for W&W. He received his B.S. degree in Chemical Engineering from the University of Wisconsin in 1953 and his M.B.A. in Industrial Management in 1955 from the same University. He served as President of Screen Printing Systems, Inc. from 1987 to 1990 and from 1995 to October 1998. Other business experience includes approximately 20 years with Jacobs Engineering Group, Inc. in varying capacities, including Project Manager, Regional Sales Manager, Regional Vice President, and Group Vice President.
Declan Costelloe
Mr. Costelloe Vice President Corporate Development as of November 2020. He brings a wealth of resource industry and business experience to the Company. He has a strong science, engineering, and corporate management background that is complimentary to Itronics existing management team. Mr. Costelloe is a chartered engineer (UK Engineering Council) and a mining geologist with over 30-years' experience. He holds a B.Sc. in geology from University College, Galway, and a B.Sc. in mining geology from the University of Wales, College Cardiff.
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