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Musicroom67

06/17/13 11:39 AM

#5624 RE: red roobio #5623

Would you really expect anyone on this board to fully understand the plasma technology?

The reality is,six months ago or even three this company was going nowhere.

I appreciate they still have to produce the goods but wouldn't you agree that uspr is in a better place now as a result of recent announcements.I hope whatever you decide to do,it works out for you.

If the satellite imaging proves to be very positive then i think the sp will respond favourably.

It's understandable that the sp has really moved but imo things could change quick
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mongoose64801

06/17/13 2:31 PM

#5625 RE: red roobio #5623

The company webcast gave quite a lot of info on the plasma process. The company website is a good review and there is tons of information on the internet about plasma technology being used for dozens of applications. Mineral extraction is just a small fraction of possible applications. After doing an hours worth of research, yes, I think I understand basically the application. It makes perfect sense. With Choueiri on the board and with several months of trial runs under their belts I think it is highly likely they can get this to work. USPR is not the only company working on plasma for minerals extraction. I think plasma will work and I think Mesa putting up 400K for the satellite work is extremely positive for the company. The satellite work is not costing the company anything. That should tell you something about Mesa's confidence in their DD on the property.

I'm Not saying "relax and be confident", but I think USPR is a great speculation at these prices. Don't mortgage the house, but if you have playing around money this is better than blackjack. IMHO