MONOPOLY ?
I should have posted the latest article that was sent last month from Mike Hoy but here it is if you want to take a look. Mike says it is OK to sign up for his free email at mhoy@neb.rr.com Like myself he is very biased and he and Wanda owns over 2% of the company.
Sonny3
---------- Forwarded message ----------
From: Mike Hoy <mhoy@neb.rr.com>
Date: Thu, Nov 3, 2011 at 10:30 AM
Subject: FW: A MONOPOLY WHOSE TIME HAS COME!
To: Sonny Harben <tennesseecapitalistpig@gmail.com>, Sonny Harben <themaplehurstinn@gmail.com>
A MONOPOLY WHOSE TIME HAS COME!
AMERICAN MANGANESE $.40/sh!
10-16-11
For several years I have followed, owned and updated the progress of Roche Deboule; now American Manganese (AMY Can, AMYZF US).
In that period of time I have watched this company develop a very unique and desperately needed critical metals manganese project called Artillery Peak in Arizona.
Artillery Peak is a freak body of ore! Work on this project, along with a unique process, currently patent pending, to turn raw manganese ore into Electrolytic Manganese Metal EMM and Electrolytic Manganese Dioxide EMD is progressing very well.
In my opinion, one of the most important milestones in the development of Artillery Peak is a Pilot Plant program currently in its final phase of completion right now. Kemetco Research Inc. out of Richmond B.C. has worked very closely with the management of AMY to perfect and patent a process to produce EMM. Reported results from the Pilot Plant program are nothing short of fantastic.
Following the completion of the Pilot Plant program will be the completion of the Pre-Feasibility Study which is expected no later than the end of November. Upon completion of this work AMY will have a definitive cost to produce a lb of EMM along with a roadmap for the development of Artillery Peak.
China currently produces roughly 97.5% of the world’s supply of EMM with South Africa supplying the remaining 2.5% used mainly to make EMD. There is no supply of EMM and EMD in North America. Both China and South Africa have estimated costs to produce EMM and EMD of $1.30/lb and rising.
At this point in time no one knows exactly what the final cost will be per lb at Artillery Peak. Two years ago costs were originally estimated to be less than $.50/lb. It is anticipated that updated costs will be less than $.65/lb.
Management has no doubt that AMY will be the world’s low cost producer of EMM and EMD. The bonus to this is the possibility that AMY’s cost could be half of China’s and South Africa’s rising cost.
“CHARGE-er-UP”
The demand for EMM has risen from 2.6 billion/lbs/yr to 3.0 billion lbs/yr. The demand for EMD could explode as dramatic breakthroughs are being made every day in the developing battery sector. It is too early to tell but it is believed that cutting edge technology will be successful in the creation of a battery that will make everything on the market today obsolete.
Imagine being able to develop a battery that will enable an electric car to travel twice the distance of current technology with a 90% recharge in a time of less than five minutes. I believe “Charge-er-UP!” instead of “Fill-er-UP!” is destined to become the new catch phrase when it comes to refueling the automobile of the future.
Take a guess as to where the EMD to make these hi-tech batteries is most likely going to originate? The burgeoning battery sector is an absolute bonus to shareholders as this is a market that has really begun to develop over the last year. If this sector continues to unfold as it looks like it will, shareholders in AMY could reap huge rewards as sales per lb are much more lucrative in this sector versus the very handsome profit expected from the EMM market. Combining profits from both sectors will give shareholders a 1-2 punch that will be very hard to beat.
I believe this breakthrough technology is exactly what the USA needs to jump start the electric vehicle industry into high gear. This will have the combined effect of dramatically lessening the USA’s dependence on foreign oil while keeping billions of dollars at home. Dollars which can be used to create new jobs in the energy sector which in turn will lessen the dependence on foreign oil even more.
This technology will create an untold number of new jobs while taking a major step to solve one of the world’s most pressing problems man has created with the pollution of the world’s environment.
ARTILLERY PEAK PROCESS VERSUS THE CHINESE NIGHTMARE!
I stated in the beginning of this update that Artillery Peak is a freak body of ore. Not only will AMY be the world’s low cost producer of EMM and EMD but the process to do so is as environmentally friendly as anyone could hope for. This is the exact opposite of the environmental challenges that China faces to process their raw manganese ore into EMM.
There is a link to a video below showing and explaining how this process works. The irony to this process is the fact that water used in the process is filtered throwing off a by-product, which can be sold for $100/ton generating income, leaving the purified water to be used all over again in the next batch.
Originally it was anticipated that 3kg-5kg/hr of processed metal would be recovered during the Pilot Program. Much to managements delight the study has found that the recovery method is many times more efficient returning an average of 20.8kg/hr with a recovery ratio better than 92%.
Over the next five years China is expected to close down roughly 1/3-1/2 of its current EMM production. Any company producing 5,000 ton/yr is expected to be closed with the remaining companies being merged into ten companies. Most of these closures will be due to the environmental nightmares being created as a result of the chemicals and procedures the Chinese companies must use to convert raw manganese ore into EMM. Polluted air and water from the making of EMM has created an absolute environmental nightmare in China; unlike AMY’s process which purifies the water to be used again.
END USER DILEMMA
There has been a long line of end users of EMM and EMD who have sat down with the management of AMY familiarizing themselves with the Artillery Peak project and its unique process of making EMM and EMD.
These end users all have horror stories associated with their purchases of EMM from China. I’m sure they all share many sleepless nights worrying about the quality of EMM, delivery dates, and potential future shortages due to the shutting down of current Chinese production coupled with a growing worldwide demand. Let’s not forget the additional 20% export tax from China and the 14% USA import taxes they are forced to pay on top of all other costs.
What would a good night’s sleep without the worry of their future EMM supply be worth to them?
It is anticipated at this point in time AMY will initially produce 100,000,000+ lbs/yr EMM starting in 2014. This is a very small percentage of total supply in a 3 billion lbs/yr market. I believe the day is not far away when these end users are going to be forced into a corner where they must guarantee themselves a piece of the supply of EMM and EMD from AMY.
I believe their light will come on bright when the time comes for management to begin “taking orders” on their future sales. This will bring a crystal clear wake-up call to end users who will find themselves experiencing many more sleepless nights if they suddenly find themselves without a piece of the “Artillery Peak Pie.”
Actually, the real question these end users should be asking themselves is “would we like to remain totally dependent upon a foreign and questionable supply of EMM or would we like to become North America’s supplier of EMM and EMD receiving our own supply for free from the profits we will make selling to our competition; assuming of course we owned Artillery Peak?”
Management has worked very hard for several years to develop Artillery Peak in combination with educating the investing public on the boring, but very profitable, subjects of EMM and EMD. Their hard work is about to pay off as the completion of the Pilot Plant Study and the Pre-Feasibility Report is a monumental step that will transition AMY from being an “Exploratory Junior Mining Company” to a “Developmental Junior Mining Company!”
Shareholders, investors and most importantly North American end users of EMM and EMD are about to recognize that AMY with its Artillery Peak project is a North American Monopoly Whose Time Has Come.
CONCLUSION!
On top of AMY being an excellent investment on its own merit I also believe the world’s economic and financial structure will be challenged to its very core over the next few years, if not sooner. I believe that as long as the Fed exists currency creation will continue to flow like water over Niagara Falls. Traditional investments, such as Treasuries, will inevitably become “The New Junk Bonds” and the owners of those bonds most likely will be wiped out thinking that their investments were safe from the world’s turmoil.
This thinking has led me to believe that my money is best positioned in companies where I have resources and precious metals worth many times my investment. Companies exactly like AMY where 19+ billion lbs of Electrolytic Manganese Metal is buried safely in the ground just waiting for the day to come where my investment will be returned to me many times over!
The once sacred investment commandment of “Backed By the Full Faith and Credit” no longer gives me “Peace of Mind” in owning an IOU whose safety was once unquestioned. Mathematically I find it practically impossible to see the future redemption of these bonds paid in anything other than additional debt which does nothing but compound the original problem. Our elected officials have chosen fiscal inflation over common sense all for the sake of garnering votes.
History has shown that governments and currencies come and go as a result of decades of financial and economic abuse. I also know that, on a worst case basis, when the dust settles shareholders of AMY will be paid for their sales of EMM and EMD in “The Currency of the Day!”
Being the world’s low cost producer of EMM and EMD guarantees that when the dust settles AMY will be “The Last Man Standing” in this sector.
One would think the fantastic results already publicly released from the Pilot Program would have the share price of AMY punching out new highs. World-wide economic and financial uncertainty coupled with overall market weakness has brought the share price back to what I feel are bargain basement prices.
With the stock trading at $.40/sh with a fully diluted market cap of $56,000,000 and $7,000,000 cash on hand I feel anyone looking to make an initial purchase or build positions would have a tough time beating these prices.
As always Folks, these are my own opinions and it is up to each of you to do your own homework as in the end your opinion may vary from mine. For your convenience, I have attached links to a video on the Pilot Program and a couple of research reports which I view to be very informative. They go into much greater detail on corporate events than I have written here.
Am I biased? You bet as Wanda and I own 2% of the company and I am very pleased with the results. AMY is our core investment position. I am also hired as an outside consultant.
Pilot Plant Program Video
Michael Berry Report
Amy Fact Sheet
Anyone with any questions can reach me at the phone number listed below
402-483-4484 between 8:00AM-8:00PM CST
Mike
©2011 Mike Hoy E-Mail Update | Lincoln NE
This email was sent to mhoy@neb.rr.com. To ensure that you continue receiving our emails, please add us to your address book or safe list. View this email on the web here. You can also forward to a friend.
Unsubscribe
Powered by Mad Mimi®