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$33.94 and climbing. Your calculator may burn up. Ha! If JP Morgan does not try and get the upper hand, we may have an interesting ride.
It just keeps creeping up. Could be interesting.
Are we ready for Monday yet? It is options expiration day. Does that not sound special. I am hearing that there will be a lot of investors wanting delivery on their silver. If this is true than silver will be doing a moon dance. If not, than it will be business as usual. Let us hope for the former. This will be good for Itro revenue.
Go Itro.
That may be true, but it is not happening. At some point, someone with the chutzpa to handle that may enter the picture. I for one--again---trust the current management to not dis us. If that is true, and time will tell, than we are sitting on a pile of gold---no pun intended. You can believe or not believe, but it is your decision to make.
If it were not for pipe dreams, we would have no dreams at all. This is not a pipe dream. It is real. Some of us think that it will go, others do not. That is what makes the world go round.
Are we excited yet? Good morning board!
If they can hold off selling their silver until they absolutely have to, they will be much endowed, or wealthy as they say.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60116191
Itronics is in there amongst the bushes.
That is a good follow up to the last PR. Positive things are in store. Itro should stay cash flow + and should even be adding additional sites to create the fertilizer. Sounds like a win win situation. Last year could have been better, but things are definitely looking UP!!
Copper is up too.
G & S up big time today. Should bode well for down the road.
Closing in on the big news. Big PR next week.
We passed TARP---We passed a stimulus---are we not OK yet? We got rid of the toxic assets---NOT and we are expecting 1,000,000 foreclosures. Gold and Silver will go ballistic. Got Gold, Got Silver. Got Itro. It is all I can do.
Russia to buy 100 tons of gold each year. This should bode well for Auric!
http://www.itar-tass.com/eng/level2.html?NewsID=15884581&PageNum
You would if you loved pop corn as much as I did. Yes Auric will go when all the t's are crossed and the i's dotted. Ween the big boys see what this is, the pot will be over flowing. It will be fun.
We be getting there. Several things may happen at once.
Interesting articles and they relate to the lawsuit against Itro.
http://blogs.forbes.com/streettalk/2010/07/09/convicted-analyst-points-finger-at-nir-group-founder-ribotsky/
http://axcessnews.com/index.php/articles/show/id/20441
Are you saying we have to be patient? Man, you know how I hate that. I want it to go and I want it now!!! Monday won't be soon enough.
Seriously, I do not think that we have long to wait. No more hiccups I hope. We are almost there.
Itronics Ships GOLD'n GRO Liquid Fertilizers to California -- Between Reno and California Snowstorms
Date : 01/18/2011 @ 8:40AM
Source : MarketWire
Stock : Itronics Inc. (ITRO)
Quote : 1.75 0.0 (0.00%) @ 8:29AM
Itronics Ships GOLD'n GRO Liquid Fertilizers to California -- Between Reno and California Snowstorms
Itronics (USOTC:ITRO)
Intraday Stock Chart
Today : Tuesday 18 January 2011
Click Here for more Itronics Charts.
Itronics Inc. (PINKSHEETS: ITRO) announced today that its wholly-owned subsidiary, Itronics Metallurgical, Inc. has, since November 2010, been shipping GOLD'n GRO liquid fertilizer between area snowstorms that are warming the hearts of ski enthusiasts but making transportation difficult.
Fertilizer orders received in the fourth quarter of 2010, including one right after January 1, 2011, were up 5 percent compared to the 2009 fourth quarter. Fall season orders were later than in 2009 due to the late harvest in California and early onset of fall rain and snow. Because of this, the company ended the year with a back log of orders which are being delivered in January.
"The main fertilizer being shipped is GOLD'n GRO 9-0-1 + 7% Zn," said Dr. John Whitney, Itronics President. "The GOLD'n GRO chelated micro-nutrient fertilizers, which include GOLD'n GRO 9-0-1 +7% Zn, have an unusually low freeze point, from about 5 degrees Fahrenheit down to less than -20 degrees Fahrenheit. Itronics' advanced technology makes it possible to ship the liquid micro-nutrient fertilizers in the winter without incurring freeze damage and is an important benefit for our northern Nevada manufacturing location."
"The Company's outlook for GOLD'n GRO fertilizer sales in 2011 is positive," Dr. Whitney said. "Water conditions in California are very good and farmers are enjoying higher crop prices. This is setting the stage for strong sales increases in the 2011 spring season."
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative Clean 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 converts used photoliquids into pure silver and GOLD'n GRO liquid fertilizers. Through its subsidiary Whitney & Whitney, Inc., the Company is now providing project planning and technical services to its partially owned affiliate Auric Gold & Minerals on its Iron Oxide Copper Gold Fulstone Project and operates the popular InsideMetals.com web site, http://www.insidemetals.com, which provides a value-added WORLD VIEW of Gold Producer Stocks, Mineral Producer Stocks, Junior Gold Stocks, and Junior Mineral Stocks.
Itronics has received numerous domestic and international awards that recognize its ability to successfully create and implement new environmentally clean recycling and fertilizer technologies.
The Company's environmentally friendly GOLD'n GRO liquid fertilizers, which are extensively used in agriculture, can be used for lawns and houseplants, and are available, along with 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.
VISIT OUR WEB SITE: http://www.itronics.com
("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
Contact:
Paul Knopick
888-795-6336
You forgot about the minnow.
Not paying NIR interest is not necessarily being cash flow positive! If the law suit is lost the piker will have to be paid from somewhere.
This means revenues have been paying for operations, right?
Right! My analysis anyway.
I'm assuming this is because no interest payments are being made on any debt while the NIR fiasco works its way thru the court system. Would this be a good guess?
yes, I believe that, but I do not know is for a fact.
Also, if they have been cashflow positive then wouldn't ya say that is newsworthy?
Yes, but as a pink CO. not necessarily reportable.
Corporate governance negligence?
I do not think so, but I am not a SEC attorney either. Check with your attorney.
I am sure that John has his hands full just dealing with the technical side of the biz model. I am not 'cheering him on'. I am giving him the benefit of the doubt. Yes, he could be doing things differently, but decisions have been made and they have to be handled and dealt with. We may not agree with the way it is done, but I do not agree with what the government is doing either. I guess I need to rant more!
Did the Stage 1 expansion shut down the silver production process or is it independent of the old process?
From what I know or surmise, they are separate. They involve different processes. They can be independent operations, but the time spent on one takes away from the other. The basic silver operation may be involved in making the 5 oz. ingots for sale on their web site. Phase I would be making the BIG Ingots.
If Stage 1 is truly independent of fert production then why not suggest to Whit to spell it out in plain English?
I am not an insider. John has been bitten several times in his attempt to get the funding and to make the share price go up. He may have just decided to let nature take its own course. I would not do that, but I am not John. The PR was not a blockbuster, but it "did say" that the Company was now in a position to be cash positive, or at least not to be desperate for cash to continue operations. No dilution speaks volumes.
Is there down time when nothing gets produced? Usually, but not all the time. Nothing gets produced during down time. There are other reasons for no production.
That PR was supposedly the best ever. Yes, for those who saw what it meant. A glitzy PR it was not. It did not say we were going to have a blow out 4th quarter, or a super duper 2011. It did not meet your standards.
For direct answers, ask direct questions.
It would be nice, but look up what it takes to break down gold. It is a combination of nitric acid and hydrochloric acid. Now tell me what that would do to the process equipment. Think about it. Also .01% is .01 parts per hundred of the base metal. What is it worth? Is it worth getting that minute amount of gold out? At what cost?
Yes it sounds good, and makes a good sounding plan, but it does not really make sense to recoup that small amount of gold,
Does this mean that silver revenues for Q4 2010 will be $0? Not necessarily. It depends on how the accounting is done. There is first in first out and last in last out accounting for inventory. Since they are a pink sheet Co. I do not know how they do it. There are other ways that could also be used. It is up to the CEO and I think that we all know how you feel about him---no need to repeat. Either way 2011 should be a good year.
Yes, you are right. Did you notice that the bathroom was out of toilet paper. Better call John and tell him. He is responsible for that you know.
That is what I am saying!
Is there gold in the photo chemicals (goo)?
Yes, it is all the CEO'S fault. You are so smart fed. So glad that you are here to clarify the issue. It makes one wish for the good old days when we could blame W for everything. Oh, I wish I could go back in history where it was all W's fault. I am sure that there could be no other reason for the value of the share price.
The gold is in the ingots. Buy about 1,000,000 bars and you can recover the gold yourself, or sell the ingots saying that they contain gold and they are really worth a lot more than the silver value. You will be RICH! You should go on CNBC and let the world know that you are richer than they think. You can even amaze your friends! The Doc is really doing you a favor by leaving the gold in the ingots. Wallah! Is not magic fun?
Thank you fed.
The tanks still need set up for the process, and transportation needs to be arranged for the goo. We are on the road. It will eventually be a four laner, but it is now smooth. We are off and running.
Yes, that is what I read. It will still take the goo to produce the silver. There are temporary constraints to that. It will not be instant gratification, so cool your jets. There is more than one constraint, but than I am only going by experience, not inside info. It takes some common sense to figure out the constraints.
Today's PR was the best news ever. Now they can do silver production totally independent or fertilizer production. They can remove the solids from the goo and that can be stored. It reduces the volume by 85%. That side of the equation is now on track. That is how I read it. Fertilizer and auric will make this a very profitable Company. I also concur.
Thank you Doc. You are to be congratulated!
Someone must have liked the pathetic PR. HA!!!
Still huntin wabbit.
Q:1.5, I hope to God you are correct and not just blowin smoke
A: Have I not been forthcoming in the past?
Q: This means we should start seeing blowout silver numbers going forward, right?
A: This was answered in the PR. It will take 'time'. You do not start up a new process plant or refinery or chemical complex with the push of a button. It takes a lot of knob turning. That is why they call it a process plant (it is a process), or a chemical complex. It is complex. Beyond the normal understanding.
Q: What incentive would he have for understating revenues, right?
A: I do not know. You could be right, but it may be just that these things take time. What a concept.
Q: Ferts and silver SHOULD be OUTSTANDING, right?
A: Yes, but not today.
Q: This stock should start screaming higher.
A: Yes, but not today.
Itro now has the ability to generate a revenue stream that will pay for a lot of R & D and knob turning. We can now breathe.
The Stage I expansion is expected to increase nominal silver refining capacity to 240,000 ounces per year by increasing the per melt capacity of the refining operation by 10 times. At current silver prices of $30.00 per troy ounce, annual silver bullion sales capacity would increase from $720,000 to $7.2 million.
Does that answer your question. You better get on the phone.
I was right in my analysis of the process as it existed. Recovery of silver depended on fertilizer sales. Now it does not. They can recover silver and---send the sulfur to the refiners, and---reduce the goo by 85%. They are now free to do the 10x without the drawbacks. You thought they could do this before, but they could not. Now they can. It is a major breakthrough, which means a blockbuster PR.
I now have all the marbles. Do you want to play again?