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will it be good or bad??
$oldier hard, thank you very much for that education on mining /leaching. it was/is very interesting. i now have a better understanding on what itro is really doing, as well as the fertilizer and silver extracting from photo-liquids. i liked them with just knowing about that. i should have read a little closer when doing my dd. [dahh]. but again thank you for that short course.
i wanted to post this pr to show what they actully do, do. [ i said dodo] if you read the last 3 or 4 paragraphes you will see why im excited about this latest pr. From: Stock News Bot
Date: January 7, 2009 09:32:23 PM
ITRO AXcess News: Green Clean Tech Company Bucks Economic Trend
Spread it:
HOUSTON, TX -- (Marketwire) -- 01/06/09 -- Reno-based Itronics Inc. (OTCBB: ITRO stock news) reached a new milestone in its business by reporting record revenue for 2008 and fourth-quarter results that topped the charts for this environmentally green clean technology company.
In an announcement released this morning, Itronics founder Dr. John Whitney was quoted as saying, "Even though the overall U.S. economy is struggling, we are expecting strong fertilizer revenue growth to continue in 2009 because of both increased regional and national interest in our products and because of a significant order backlog."
Itronics reported $3.02 million in revenue for 2008, an increase of 29% over the prior year's $2.34 million. For the fourth quarter 2008, Itronics reported $605,000 in revenue compared to $413,000 in the prior year's period, an increase of 46%.
While Whitney has every right to be bullish about Itronics' prospects for 2009, previous announcements support that outlook.
The maker of environmentally friendly liquid fertilizers promoted under the GOLD'n GRO label has increased both supply of raw materials obtained through photowaste liquid processing and expanded its product line.
GOLD'n GRO Guardian Deer Repellent, Itronics' newest product, "is expected to add significantly to the 2009 revenue increase," Whitney stated.
Itronics' Deer Repellent falls under the category of systemic deterrents, which when applied is absorbed through the leaves, leaving a bitter taste if eaten. But the breakthrough product carries a one-two punch in that it also fertilizes the plants. In a Dec. 16, 2008 announcement, Itronics noted that "landscape maintenance companies evaluating GOLD'n GRO Guardian Deer Repellent have shown that the product is effective, long lasting, and does no harm to the deer it repels."
"In all cases reported, the spray applications worked well," said Whitney. "Exactly what the customer wanted."
Targeting the Northeast region of the Nation, Itronics reported that GOLD'n GRO Guardian Deer Repellent is now registered in nine states.
Environmental regulations require that before a seller can introduce a new product it must go through a state-by-state environmental registration process and for fertilizer products it means closer scrutiny to environmental law. But even after EPA approval, ag-related products move slowly to market with field tests. That entire process can take years to achieve, but as Whitney implied, Itronics Deer Repellent "is exactly what the customers wanted."
Itronics' plant in Reno is the only EPA approved facility in the Nation for processing photowaste liquids for conversion into fertilizer, which gives the environmentally green technology company a distinct advantage.
A bonus comes from Itronics' removal of heavy metals in photochemical waste processing -- silver. According to the announcement this morning, silver sales in the fourth quarter of 2008 rose 65%.
Itronics manufactures a 99.99% pure five-ounce silver bar which is numesmic quality and dated. Each year, Itronics produces a new numbered batch that are quickly snapped by collectors as well as investors, though demand for "green silver" is on the rise and the Company noted that for the year, silver sales have increased 40%. In fact, demand is outpacing available supply. That's why Itronics announced plans on November 11, 2008 to increase silver refining capacity at its Reno plant by 100 times.
Currently, Itronics Metallurgical, Inc.'s, a wholly-owned subsidiary of Itronics, Inc., annual silver refining capacity is 24,000 ounces. Plans call for increasing that capacity to 2.4 million ounces per year. Itronics noted in that November announcement that "Production at capacity with $10 per troy ounce silver would increase silver sales from $240,000 per year to $24 million."
The expansion will be done in two steps, first, installing a new leaching circuit in 2009 "which will reduce the amount of solids delivered to the refining operation by 90%." In 2010, Itronics will "install a new modular melting system in 2010 which will reduce melt cycle times, reduce cost, and increase physical capacity by up to 10 times." The Company noted that stage one will increase production 10 times, and stage two permits Itronics Metallurgical to increase capacity 10 times, moving the Company's subsidiary into a whole new level of green silver production.
Contact:
AXcess News
775-882-8381
imo, this is on its way to empty. no news for a while now, doesn't look good. sell on next rise and get out. this pos.
if they need more workers , wher do i send my resume'.
is there any-one here that knows why this company has no news for such a long time, and why isn't anyone talking about it. i just got in and i did some reading and dd, but suprised that nothing is happening.
trying, but not hard enough..
what??????????????
doesn't look like it
why with the news that came out today and the voluum @ approx. 4.5 mil. the pps dropped. i just bought more @.0012. i may be a novice with tradeing and penny stocks but it does not look like there's alot of confidence out there concerning itro. lets hope tommorrow will be better. i have been w/ itro for about 9 months; and i [imo] have done my owe dd, and feel this will take off being the only one licensed in the U.S. to do this type of work. [ for lack of better words right now]. imo
sorry lester, it's "itronics.com" and the phone # is [1-800-368-1865] @ 150.00 a bar [5 troy ozs.] imo its worth it.
lester12483, i went to their web-site and called the phone # provided. i got thru and they had silver bars from 2006, & 2007. no bars dated past that. but they do have them and they are selling. i believe its " itro.com"
just how good is this pr. no financing, but higher sales. it seems to be great news. if itro can continue to produce fert. and silver sales they just might not need to get into any debt and keep the supplies going out in a timley manner. imo.
i do not understand; with the news that just came out that the east coast now has orders put in and being filled and deliverd why hasn't the pps moved UP. i believe they are able to sell their product in [11 and one pending] new states? and the orders are being filled and not back-orderd. so production is good, sells are good, whats the problem. this should be a 3.00 - 7.00 dollar stock?????????????? imo. hopefully real soon. got to get the word out there to your farmer buddys on the east coast.
why in the world would anyone buy at this point? mdin has been in the chitter for a long time with imo no hope. please, if there is any kind of good news let us know. ty.
why is there so much bickering between investers when were all here for the same reason........... making money! i understand that not all get along, but no-one knows any more or less then any-one else, except for speculation. if you do not agree w/ someones comments give a logical explanation as to why. now.......... lets make some money with itro and hope the news that came out this morning will boost sales and raise the pps for us all. good luck in all your investments. imo.
jtw
i guess this board is being moniterd - in that post # 8829 is missing... i called itro just for kicks today and asked if there is any silver bars available for sale. the answer was " yes we have the silver bars at $150.00 from 2007. no new bars are ready for sale for 2008 and 2009. i believe in one of their pr's or it might be on their web site that they only produced 250 bars in 2007 and they were all sold out.??????????????
does any one know why after we got some decent news, itro goes no where. it seems to me after reading some posts, you guys kinda know whats going on here. [imo] sooo... whats going on here?
thanks,
jtw
new to the mb. i really like itro for the product it has and the silver that it removes from the photo liquids. i believe that their ten year plan should be in full swing by now. why pps so low, and why is the voluum so low? any predictions on any news coming out soon, i just picked up some more also. i own itro for almost 8 months and feel very confident this will fly, and fly soon. imo