Itronics Inc (ITRO)

[agNau]

Hmmm, looks like silver made the quarter.
181 % increase revenues...and still w/out the significant
increases in recovery we know are on the way.

For the quarter silver price ran from ~$10.5 - 14.5 giving us a rough average price of $ 12.5/oz.

2008 first quarter we had a Silver price range of ~$15 - $21 (average ~$18.00 ) and a nice spike in ITRO share price.
Silver then fell from that high late March, and as we know, so did ITRO.

Price effected by underlying commodity (Silver).

That is why I feel this ratio is important.

http://stockcharts.com/h-sc/ui?s=ITRO:$SILVER&p=W&yr=1&mn=6&dy=0&id=p61164063887

Stochastic curling up w/rising trend...
MACD trending toward positive....
RSI Rising with room to run.