Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » ALMI

 - UBBFriend: Email this page to someone!    
Author Topic: ALMI
tic_toc
Member


Member Rated:
4
Icon 1 posted      Profile for tic_toc     Send New Private Message       Edit/Delete Post   Reply With Quote 
Atlas Mining Announces Formation of Wholly Owned Subsidiary Nano Clay and Technologies Inc.
Wednesday September 29, 8:31 am ET
New Company To Focus On Sales and Marketing and Exploitation Of Microtubular Technologies

OSBURN, Idaho, Sept. 29 /Xinhua-PRNewswire/ -- Atlas Mining Company (OTC Bulletin Board: ALMI - News), a rapidly growing natural resource and mining company, announced today it has formed a subsidiary company, Nano Clay and Technology, Inc., to become the company's sales and marketing division focusing on specific markets. Atlas Mining will still focus on bulk sales of clay, contract mining, and other traditional mining opportunities.

ADVERTISEMENT

Atlas Mining CEO said ''We have been meeting with a number of interested parties on traditional uses for Halloysite, but what has been amazing is the race with alternative technologies. Our current distribution channels are geared for the traditional end users. But after seeing some of the advantages of our unique quality halloysite as introduced by Dr. Ron Price and the US Naval Research Lab involving microtubular technology, we feel this is a market that merits our direct attention. If we don't pursue these types of opportunities we are not doing our job. The Halloysite clay used in some technology applications can yield upwards of $1,000.00 a ton, so our interest is obvious. We currently have commitments for about 15,000 tons of clay per year from our traditional markets, but feel if we work the technology side we can triple the demand and potentially increase our margins.''

Nano Clay and Technology, Inc. will immediately be led by Jacobson, but the plan is to staff the new company with seasoned, industry relevant sales and marketing executives.

''In recent months,'' continued Jacobson, ''we have had several high level discussions with companies looking for a solution to carry the nanotechnologies on which they are working. We realized we have only touched the tip of this iceberg with our halloysite. Our focus will not be in developing nanotechnologies. We are a nano-materials supplier interested in introducing our clay as the carrier agent to as many potential end users as possible.''

The Dragon Mine is a rich cache of the mineral ''halloysite''. Historically, halloysite has been used in the manufacturing of bone china, fine china, and porcelain products. However, internal and other chemists and scientists have discovered new uses for the processed mineral. The Dragon Mine halloysite also has a unique tubular quality, not unlike a grain of rice, only considerably smaller and hollow. The halloysite microtubules can act as a time-release capsule, dissolving over time, and can be filled with such things as antifouling paint, antiscalants, herbicides, pest repellents, and other agents which could benefit from a controlled release.

Jacobson continued, ''These types of sales cycles are a little longer to bring to fruition and it's important for all of us to have a very seasoned and professional sales and marketing company leading these efforts. Most of us at Atlas Mining are professional miners. We know mining, and the business of mining. We know how to mine, and process and even sell our core products into traditional markets. This is where we need to focus.

''These new and emerging markets for our products need expert attention from sales and marketing experts who understand this area. Through this approach we'll make this company successful from all angles. This new subsidiary has been formed to separate the core business of mining from the great potential in the technology sector,'' concluded Jacobson.

About Atlas Mining Company

Atlas Mining Company is a diversified natural resource company with its primary focus on the development of the Dragon Mine in Juab County, Utah, the only known commercial source of halloysite clay outside of New Zealand. The unique purity and quality of the Dragon mine halloysite is unmatched anywhere in the world and has spawned considerable research into new and exciting applications for this product. Atlas also holds mining and timber interests in Northern Idaho, and operates an underground mining contracting business. Atlas stock trades on the OTC Bulletin Board under the symbol "ALMI". More information about Atlas Mining Company can be found at http://www.atlasmining.com .

Safe Harbor Statement

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.

For more information, please contact:

John Roskelley, President,
First Global Media
Tel: +1-480-219-0886


Posts: 768 | From: Ingland | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
tic_toc
Member


Member Rated:
4
Icon 1 posted      Profile for tic_toc     Send New Private Message       Edit/Delete Post   Reply With Quote 
Atlas Mining Announces Operational Status
Monday September 27, 8:31 am ET
Processing Plant is Operational and Processing Halloysite

OSBURN, Idaho, Sept. 27 /Xinhua-PRNewswire/ -- Atlas Mining Company (OTC Bulletin Board: ALMI - News), a rapidly growing natural resource and mining company, announced today the operational status of its processing plant at its Dragon Mine property in Juab County, Utah.

Atlas Mining President and CEO William Jacobson said, ''We've had a long, hard summer of site preparation and I'm very pleased to announce that we're now operational and are processing halloysite. Over the past six months, Ron Short, Frank Fausett, and all of our guys did an excellent job tackling and completing all of the many jobs necessary to bring this project to reality.''

Starting in March of this year the company began with snow removal so they could begin to assess the property and determine pre-operation tasks.

''Since then,'' continued Jacobson, ''we have completed a road-grading project designed to give better access to the mine in the winter. Also, the construction of buildings, all of which required ground leveling, concrete form setting and pouring, and steel building erection. Additionally, our onsite personnel had to manage and properly deal with incoming mining, processing, and electrical equipment, 3rd party vendors and contractors, site visitors and inspectors, etc. This was a fairly small crew, and each had to wear several hats in order to accomplish our goals. They all worked very hard, sometimes seven days per week. We are now operational because of their hard work.''

The Dragon Mine is a rich cache of the mineral ''halloysite''. Historically, halloysite has been used in the manufacturing of bone china, fine china, and porcelain products. However, internal and other chemists and scientists have discovered new uses for the processed mineral. The Dragon Mine halloysite also has a unique tubular quality, not unlike a grain of rice, only considerably smaller and hollow. The halloysite microtubules can act as a time-release capsule, dissolving over time, and can be filled with such things as antifouling paint, antiscalants, herbicides, pest repellents, and other agents which could benefit from a controlled release.

About Atlas Mining Company

Atlas Mining Company is a diversified natural resource company with its primary focus on the development of the Dragon Mine in Juab County, Utah, the only known commercial source of halloysite clay outside of New Zealand. The unique purity and quality of the Dragon mine halloysite is unmatched anywhere in the world and has spawned considerable research into new and exciting applications for this product. Atlas also holds mining and timber interests in Northern Idaho, and operates an underground mining contracting business. Atlas stock trades on the OTC Bulletin Board under the symbol "ALMI." More information about Atlas Mining Company can be found at http://www.atlasmining.com .

Safe Harbor Statement

Except for the historical statements made herein, the statements made in this release are forward-looking statements. Risk factors that could cause actual results to differ materially from those projected in forward-looking statements include, but are not limited to, general business conditions, managing growth, and political and other business risks. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. Atlas Mining undertakes no duty to update these forward-looking statements.

For more information, please contact:

John Roskelley, President,
First Global Media
Tel: +1-480-219-0886


Posts: 768 | From: Ingland | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
tic_toc
Member


Member Rated:
4
Icon 1 posted      Profile for tic_toc     Send New Private Message       Edit/Delete Post   Reply With Quote 
Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy

Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 391375

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 229886

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 236662

Overall Average: 100% - Buy

Price Support Pivot Point Resistance
0.3100 0.2700 0.3100 0.3500

Posts: 768 | From: Ingland | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
tic_toc
Member


Member Rated:
4
Icon 1 posted      Profile for tic_toc     Send New Private Message       Edit/Delete Post   Reply With Quote 
Just hit 52 week high
Posts: 768 | From: Ingland | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
tic_toc
Member


Member Rated:
4
Icon 1 posted      Profile for tic_toc     Send New Private Message       Edit/Delete Post   Reply With Quote 
Can someone read this chart?
http://stockcharts.com/def/servlet/SC.web?c=ALMI,uu[m,a]daclyyay[dd][pd20,2!b200][vc60][iUf!Lc20]&pref=G

[This message has been edited by tic_toc (edited October 01, 2004).]


Posts: 768 | From: Ingland | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
tic_toc
Member


Member Rated:
4
Icon 1 posted      Profile for tic_toc     Send New Private Message       Edit/Delete Post   Reply With Quote 
Atlas Mining Begins Halloysite Clay Processing
Tuesday October 5, 8:31 am ET
Company to fill 50 Ton Order for Overseas Buyer as Well as Additional Orders

OSBURN, Idaho, Oct. 5 /Xinhua-PRNewswire/ -- Atlas Mining Company (OTC Bulletin Board: ALMI - News), a rapidly growing natural resource and mining company, announced today it has begun processing Halloysite clay from its Dragon Mine property in Juab County, Utah. The company has begun processing the clay not only to fill its 50-ton order, but to also fill other pending sales orders.

Atlas Mining President and CEO William Jacobson said, "We have been processing small quantities of clay for the past couple of weeks now, and the finished product is the finest I've ever seen." Processed Halloysite clay is a fine white powder with a similar consistency to talcum powder.

"We have been using these smaller processed samples to send to our distributor, as well as to a variety of other interested buyers. We're stepping up production this week to process, bag, and prepare clay for shipment to buyers, and will continue preparing additional clay to fill other orders," Mr. Jacobson concluded.


Posts: 768 | From: Ingland | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share