Applied Minerals Inc (fka AMNLQ)

[EarlyOne]

"As Dragon Mine become reality..."

Based upon an earlier press release from ALMI President and CEO, ALMI will pursue other properties as the Dragon Mine becomes a reality. Is this flurry of activity to stake claims another indication nano-clay sales are close at hand?? IMHO, I am looking for nano-clay sales to be announced this quarter.

From 17 Jan. 2006 press release:

According to William Jacobson, President and CEO, "Newfoundland is one of the least explored provinces in Canada, and we think it will be the next boom area in Canadian mining. We have already found some decent copper, nickel and gold deposits there, similar to the one being mined by Inco, which is one of the world's largest Nickel/Cobalt deposits. As the Dragon Mine comes into reality, it will be important for us to have other properties available. This relationship with Kat does not cost the company much and it gives us an inside track on the deposits of the province."