Replies to post #5930 on Applied Minerals Inc (AMNL)

[eom7]

The update in and of itself is the news... this traded down because the company seemed defunct. We now know it's alive and kicking and in the right place at the right time -Battery metals!

[RazorBoy]

That hits the nail squarely on the head.

The release said, with regards to the anode application "the project is in the early stages, but recent encouraging test results give management the confidence to continue its development efforts." It sure would be nice to know if this is based on additional testing beyond what they reported a few years ago from the initial bench trials. When all specifics are avoided, it makes one wonder if it's because there are no specifics there.

"The Company's CTO, Sharad Mathur, Ph.D., is leading all product development and sales activities as well as building and improving upon the Company's prior technical work to identify additional customer prospects and markets for the Company's halloysite products." Can this guy sell? Has he ever sold anything? Clearly Newsome wasn't so trimming that fat was a good thing, but don't they need a real and proven salesperson to actually close deals?