Replies to post #10816 on Fonon Corp. (fka FNON)

[pitboss22]

Then why did the COMPANY say, "The grade of mineral that we currently have stockpiled is not the desired grade of Steinbock, our master distributer" and, "we neither have the current capacity to further refine the mineral to an acceptable grade nor the ability to find another buyer for the material"????

The $105 per ton price from Steinbock would indicate a they wanted a relatively low grade of barite. The stockpile DOES NOT EVEN MEET THAT LOW GRADE!