Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$UAMY - United States Antimony Corporation (USAC-the Company) reports a record quarterly gross profit of $1,139,388 and record Net Income of $786,252 spurred by a quarterly antimony sales revenue of $2,828,930. The average realized price per pound of the contained 433,350 pounds of antimony was $6.53 per pound. Antimony oxide sales were 413,235 pounds and antimony metal sales were 90,365 pounds. The company expects high antimony prices to continue in the immediate term. Revenue from other operations brought total quarterly revenue to $3,580,306.
Detailed financial information is included in the USAC quarterly filings (10 Q) with the SEC at UNITED STATES ANTIMONY CORP [UAMY] Filings | Quick10K (q10k.com)
The on-going program of improvements in production and efficiency continues to provide positive results at all locations. Exploration and mineral property assessments continue in North and Central America with the objective of acquiring additional sources of raw materials. Relationships with third party end users and potential suppliers continue to be enhanced through research efforts and supply of test material.
Operations Updated- March and April
Safety and Environmental
All Company operations reported zero lost time or serious injury accidents during the March -April Period.
There were zero environmental spills, discharges, or incidents during the period. The previously announced (see NR- Jan. 15, 2022 and March 15, 2022) pro-active program of legacy slag clean-up at the Madero Smelter continued and is now 86% complete. Concurrently, the Company has aggressively reduced its stockpile of legacy slags in Montana with shipments of 20 tons in March and 40 tons in April, reducing the stockpile to 55 tons.
Production (Unless otherwise specified, tons = metric tons)
Bear River Zeolite ("BRZ"): March April Total
Mined Tons: 0 40 40
Crushed Tons: 655 632 1,287
Shipped Tons: 966 928 1,894
Montana Smelter: March April Total
Antimony Trioxide sold (tons): 77 40 117
Antimony Metal Sold (tons) 0 20 20
Antimony Trisulfide produced (lbs): 12,927 5,834 18,761
Operation Upgrades
BRZ:
Construction of the new 50'x100' warehouse (for additional storage of product) and the 40'x60' shop (for servicing equipment) continued but has been difficult due to snow and mud. The structures' concrete wall footings and floors have been poured and the framing is expected to be completed by the end of May.
The new classification machine for Line #1, designed and ordered in February has been installed. Two new motors on two different machines for the crude size-classification of zeolite in the crushing process have been installed. USAC received approval from Cat Finance and has purchased and delivered a Cat 740 haul truck for transport of ore from mine to plant. The truck was fully serviced upon delivery and has been in use for several weeks. Unlike the past, this gives BRZ an alternate haul truck (old one) in case of a break-down. Additionally, a CAT 992 front-end loader has been purchased as a replacement for the obsolete Cat 988B loader to further aid in production. The 992 should be delivered to BRZ within two weeks.
Montana (Antimony Trisulfide):
Modifications to the initial two new furnaces used to produce antimony trisulfide were completed and production runs were conducted confirming the efficacies of the design changes.
These furnaces produced 18,761 lbs of antimony trisulfide in March-April time period.
Two additional electric furnaces have been ordered in anticipation of demand for antimony trisulphide and to allow for down-time for servicing.
Mexico (Antimony Trisulfide):
US Antimony has completed the mining and flotation processing of 43 tons of hand-sorted ore from the Soyatal mine in Queretaro Mexico with the specific objective of producing a suitable antimony trisulfide concentrate as an additional source from the Sierra Guadalupe mine. Approximately 2.5 metric tons of concentrate have been produced and are being shipped to the US for further analysis but splits from this batch analyzed in Mexico indicate a 70.5% antimony content (in excess of the required 65% minimum spec) with acceptably low contaminants.
Montana (Antimony):
The Montana operating team continue to improve and were able to increase sales and shipments during the period to take advantage of the favorable pricing opportunity.
Ambri Inc:
Shipments to and contact with Ambri regarding the supply of antimony for their ongoing development of the AMBRI metal liquid battery continued.
Los Juarez Property/Puerto Blanco flotation facility:
432 of 2,000 tons of ore from the Los Juarez property has been processed to date at our Puerto Blanco flotation facility. The ore is being converted to an antimony concentrate whose primary value is in the precious metals. This 2,000 tons was selected from mined open pits at Los Juarez. Once a meaningful percentage of the 2,000 tons has been processed, USAC will have improved data for expected feed-grade and precious metal recoveries. Early indications from this amount are that the gold and antimony values are higher than expected while the silver is lower than expected.
Phase I (geological mapping and sampling) of the exploration program at Los Juarez by consulting geologist Felipe Yapur in conjunction with USAC Director Hart Baitis PhD (Geology) has been completed. Subsequent phases of Geophysical Surveys, including Very Low Frequency Electromagnetic (VLF), Magnetometer (MAG) and Induced Polarization (IP) surveys will follow in sequence. Management and other personnel from Los Juarez are assisting in the program with logistics and labor.
Perpetua Resources, Stibnite, Idaho
Perpetua controls the largest known US deposit of antimony, located on federal lands near Stibnite, Idaho. This property was mined extensively during World War II after the enactment of the First War Powers Act of 1941. Perpetua has proposed a plan to the U.S. Forest Service to restore the legacy mining related lands and re-open the mines. USAC supports these efforts and continues to co-operate with Perpetua under the existing collaboration agreement.
Antimony - Supply Chain Sources
The company believes that antimony is a critical mineral for both the green grid-storage revolution and for national security. The company has a continuing program to identify, research, investigate, tour and assess properties of merit that could be possible sources of antimony for the company, within the Americas, particularly North America.
www.stocktitan.net/news/UAMY/us-antimony-sets-q1-gross-profit-net-income-records-updates-march-0i6zfjq84znr.html
$UAMY .6982 up 15% today. AH up 5%. 8x34 3 months daily. Target .88
Eager for that March update to come out. Think we linger and even slip a bit more until then. This months shouldn’t make any waves and since they are now every two months nervous hands will need to be sat on.
Moving on down...
Looking very good, Thanks again
OCTOBER 19, 2021 GOLD, ANTIMONY PRICES GOING UP, SO HILLGROVE MINE DRILLS ARE GOING DOWN
https://www.nbnnews.com.au/2021/10/19/gold-antimony-prices-going-up-so-hillgrove-mine-drills-are-going-down/
Message in reply to:
We should be expecting detailed news on AMBRI and the US Military contracts in the near future. Discussions are in full swing!
Yup. Lots of trades to be had here and holding my core still for higher ground.
UAMY
$UAMY .90 FOR THE WIN= $$
Ambri Inc @Ambri_Inc
Ambri's liquid-metal battery "technology relies on just two mineral elements: antimony and salt, instead of having to solve for the need for enormous new quantities of an array of critical minerals like lithium, cobalt and nickel." Via @Forbes
https://www.forbes.com/sites/davidblackmon/2021/08/14/perpetua-ambri-ink-key-antimony-supply-deal-to-boost-liquid-metal-battery-tech/?source=bloomberg&sh=7fd0f1646afd
Another fresh round of calls sold at too high a premium.
God bless $UAMY and all the dopes who buy options for it.
Ready to breakout
Seems like we may finally have some movement. Now if it can just keep going.
Totally agreed, l thought uamy is the king but not
We'll see. In the meantime I'll keep writing options. Easy money.
Very true but it will be found in it's own time and easily a $10+ stock. That time is not too far off in my opinion.
Perpetua and its holdings always get mentioned, but $UAMY never does.
There's a big problem with visibility with this company.
Big, Big, Article - Antimony may be a renewable energy hero.
https://www.miningnewsnorth.com/story/2021/09/16/critical-minerals-alliances/antimony-may-be-a-renewable-energy-hero/6978.html
Another month of the calls I wrote at a hefty premium expiring worthless. It's a beautiful thing.
Paytience play here.
I have no doubt this is going to run much higher. jmo
UAMY
Looks like a government contract is up and coming ..this stock is looking very good right about now.
UAMY's Investor call today at 12 PM EST. Expecting detailed news on AMBRI (Bill Gates) and the US Military contracts.
United States Antimony Corporation
Date: Monday, August 2, 2021
Time: 10:00 AM MST
https://agm.issuerdirect.com/uamy
New website was put online today. Looks kinda shitty but maybe it will shut the website morons up.
Very good chance!
Love to see 1.07+ close
We broke $1.00 briefly. Weekly chart set up like it was before the last run to $2.00+.
We should be expecting detailed news on AMBRI and the US Military contracts in the near future. Discussions are in full swing!
As seasoned PR team needs to be hired with some of those money recently raised. Just sand in the ocean but imperative for the overall operation and communication!!
Awfully slow to get the website up and operational but will be a significant help when completed.
BlackRock Inc. reports 2,484.20% increase in ownership of UAMY / United States Antimony Corporation
Wow they are shaking this tree very hard, they must be very hungry for shares
Just accumulate shares and write options to those dopes on reddit. There are seriously people buying $2 strike calls and paying $0.1 per contract. That is phenomenal.
Love the potential here but hate the way it trades… I’ll be patient..
This is getting slaughtered. Does this make any sense at all to you? Looks like a good time to load up to me. There's an active options market too. That's absolutely beautiful.
Pretty effective too if their supply capacity is sold out through October
All you see on the internet is dummies complaining about the website, but there's literally nothing wrong with it. Just because it isn't a bloated piece of garbage like 90% of other websites on the net.
All the website needs to do is deliver information to investors and it does that perfectly fine and effectively.
$UAMY & $AQMS EV Penny Stocks in Focus After Biden’s $174 bln Electric Vehicle Plan
https://pennystocks.com/featured/2021/05/18/ev-penny-stocks-focus-after-biden-174-bln-electric-vehicle-plan/
Nice news this AM. I’m in.
https://finance.yahoo.com/news/u-antimony-announces-operational-120000523.html
Ambri placed a purchase order for a significantly larger quantity of antimony for use in regular cell builds, which was shipped in June.
Just doubled my position based on “sold out of North American production through October”
LETS GOOOOOO
Followers
|
55
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
614
|
Created
|
01/02/07
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |