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K1

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Alias Born 08/31/2010

K1

Re: None

Thursday, 02/03/2011 9:17:36 AM

Thursday, February 03, 2011 9:17:36 AM

Post# of 3097
PRRY has delivered the 300 tons of antimony to the port in Chile - assays are being conducted - 10 days for results. Will help FMNJ too.
Antimony prices have just hit $14,000 per metric tonne for 99% antimony. This ore probably has about 35% antimony which means that they have about $1.47 million in antimony. They will receive less than half that because of the refining costs.
There is gold in the antimony maybe 12 grams per tonne. That could yield another $100,000.
For a company that has done almost everything wrong this, if true, could be a big turnaround.