Applied Minerals Inc (AMNL)

[MasterSalix]

Nothing new - we have been talking this for awhile now…

Look, there is a reason they are sub-penny

There is a reason they hit .003

If they had no issues, no debt, no convertibles this would not be a penny/sub-penny stock…

However, they have cash now to pay the bills and, hopefully, partner and get the new tech to market - all the while selling clay in other areas to keep the lights on…

THAT is what you buy when you buy stock here…

It is not a perfect company. They do not have perfect management- but I believe their M/C based on the promise of the tech alone should be about 10 times the current stock price -

No, I know with the purchases today I am not buying a $5 stock - but I think with a-little luck and management getting their act together, we can see multiples from here - debt and all -

One thing that some people have pointed out is that only a real company with real promise would get the multiple DoE grants…this is very, very true…

This is not a $5 company right now, but it isn’t a sub-penny company either IMHO -

GL2A