Intertech Solutions, Inc. (ITEC)

[PennyStockTrader2]

While it feels like forever, we are getting closer. The company state July, but I would like to see some movement of material in June, and it will take some time to tweak the entire process in order to optimize extraction of gold and not leave anything behind. Approval from the BLM should be very soon, and the very final approval within a month after the call for comments. Here is the site where one would look:

https://eplanning.blm.gov/epl-front-office/eplanning/planAndProjectSite.do?methodName=dispatchToPatternPage¤tPageId=55905

All the equipment is due from MSI (http://www.msi-mining.com/) in early May and it is the top of the line, they are sparing no expense here.

In my opinion the market has not priced in successful approval per the stock price and lack of any significant volume, couple with the fact that the junior minors (GDXJ) have almost doubled from their lows a couple months ago and ITEC has not responded in kind. This is going to be huge, I just can't wait (but we have to).

While the company focused their last release on the price of gold, and while it is significant for profitability for sure, more important is to be mining gold at a steady clip, as their cost for the operation is so much lower than any dip in the price of gold that may come (or not come). That is, $1500, $1300, or $1000/oz gold will all be profitable for them.

They tend to be right on time for their financial reporting so we can probably expect to see the annual report out in within a month. I expect some more dilution but hope that they have kept it reasonable.