Replies to post #2978 on Applied Minerals Inc (AMNL)

[Jagman]

From last filing: "The Company has the option to purchase the mine for $500,000 at anytime, or when it sells $1,000,000 of product from the mine during a twelve month period."

I think if they reached $1 million in product sales, they HAVE to buy the mine....or pay the $500,000 anytime they wish, which they did rather than wait on the sales.

[John M]

If you call, could you ask him how the separation of the iron stained clay from the pure white clay is coming also, please?

Perhaps a detailed press release or some information in that regard greatly appreciated...

TIA

JM