Applied Minerals Inc (AMNL)

[MasterSalix]

Well, they said they would update as they converted those revenue opportunities- and there has been no further update.

My guess is that they haven’t converted on any of them. I think the Board was getting impatient with his promises and something needed to change.

Now the whole thing is: Are those potential revenue opportunities dead, or are they just not yet realized? Is there time to realize those opportunities, or are we in a “strategic alternatives” type situation?

As you said, we need an update to give us a vector on how bad things truly are - if we don’t get one the stock will continue to be discounted as if they are going under.

This is not a time where no news is good news....at all.