Itronics Silver Sales Up 101 Percent Date : 09/30/2010 @ 8:50AM Source : MarketWire Stock : Itronics Inc. (ITRO) Quote : 1.3 0.0 (0.00%) @ 8:17AM
Itronics Silver Sales Up 101 Percent
Today : Thursday 30 September 2010
Itronics Inc. (PINKSHEETS: ITRO) reported today that silver sales by its wholly owned subsidiary, Itronics Metallurgical, Inc., were $113,000 in the third quarter of 2010, up 101 percent compared to sales in the same period in 2009. Ounces sold were up 53 percent and the balance of the increased revenues occurred because silver prices have risen to 30-year highs.
"The record silver prices, combined with our successful refinery expansion, should significantly improve the Company's financial results going forward," said Dr. John Whitney, President. Itronics extracts silver from spent photoliquids and converts the de-silvered photoliquids into Gold'n GRO liquid fertilizers, which have won numerous international environmental awards.
About Itronics
Headquartered in Reno, Nevada, Itronics Metallurgical is the only company in the U.S. that converts spent photoliquids into pure silver and fertilizers. Products are available at http://www.goldngro.com and http://www.itromet.com. Visit http://www.itronics.com for more Company information.