posted
hmm, that is a pretty interesting article, to see how nano is "presented" in the McPaper. particularly interesting re: apollo and the whole diamond thing (was reading your other post about this). will look into a bit more, very interesting indeed.
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posted
Be cautious about that Apollo diamond connection.
It is very interesting but I have no background history on use of artificial diamonds for typical high technologies. I am looking into this. Based on that nanotech article, it does read diamonds of that type might become a hot commodity.
I am also working at discovering if Apollo has made deals like that with other companies. Should DTLI prove to have an exclusive, there might be something to this. Again, DTLI, currently, is absolutely worthless, background isn't good either.
Very surprising I cannot find any stock discussion threads on DTLI stock, at any major boards.
My hope is this is one of those "accidental" finds which proves to be profitable.
I'll keep you informed of what I find, Blue.
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posted
heh, yeah it didn't take long perusing DTLI's basic stats to see that they are, uh, iffy - the buck-thirty a share loss on a .70 share price was a decent hint! not particularly pretty. looks like hit a new low for the year today in fact.
still, definitely very interesting stuff - had never heard of this diamond stuff before. certainly strikes me as something that could get a serious bandwagon effect going.
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posted
It's a "Hammer" candlestick pattern... look for confirmation on Monday before buying into the position to see if it will be continue in a uptrend... i will keep a eye on this one myself since it's trading in the price range i like to buy into...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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posted
Posted by: beigledog In reply to: None Date:6/18/2005 11:31:29 AM
Here's the report from ALMI's partner, NanoDynamics...
Well I met with Keith Blakely, CEO of NanoDynamics for about 30-40 minutes in his office. As I arrived, their "office" was just outside of downtown Buffalo. The building looked terrible on the outside; it looked something like an old abandoned warehouse that you would see in a movie or something... definitely not what I expected. Once I found the door to get inside, I found it nice, but had difficulty figuring out what to do since their was no receptionist.
The big news at NanoDynamics yesterday was that the governor was there thanking ND for announcing that they were creating 325 new jobs in Buffalo. It was all over the newspapers and everything.
We talked about the relationship with ALMI and how they plan on using ALMI's clay. One thing that I noticed that I hadn't known before was that when they signed the strategic relationship, NanoDynamics received warrants for 1 Million shares of ALMI stock. Jacobson had asked Keith to be an investor in ALMI, but Keith refused saying he was not interested in becoming a venture capital firm.
Another VERY interesting thing I found out, and something I bet that NO ONE here knows is that NanoDynamics kind of "brokered" the sale of clay to Natural Nano. Keith and ND set up the whole deal. Also, I found out that ND's role is more of a sales and marketing role for the clay than using the clay for personal consumption. They do have some clay (I believe that the 500 tons that they ordered are for private consumption) but I think that the other 4500 tons will be used more for brokering more deals, not for internal use. He was very satisfied with their position with the 5,000 ton deal because as he said "there is no downside." It is not a take-or-pay contract, so if they don't want the other 4500 tons they don't have to pay for another 4500 tons.
He explained to me some of the uses of the clay and showed me some PVC pipe that was reinforced with clay. I couldn't tell any diffence in it so I had to take his word for it. We also talked about the potential markets for halloysite clay and he said that there are probably a half dozen 9-digit markets ($100,000,000+) markets that ALMI could take part in and possibly get anywhere from a couple to 10 percentage points of market share. We also talked about Southern Clay (something that I've never heard of on here) and how their clay platelets are selling between $2,000-$4,000 per ton to the automotive industry. I also asked him how big the market for this clay is (meaning, could we really ever use all of the clay in the mine for nano applications); he listed many applications and gave me specific amounts of clay that could possibly be used for each of them.
We also talked about NanoDynamics itself. They are planning on going public on the NASDAQ within the next 12 months. We talked for a while about the golf ball and what the plans for that are. They plan to sell it only on the internet for $7-8 PER BALL. (The Japanese have said that they don't even want it if it costs less than $5 each) They will have write-ups in Golf Magazine/Golf Digest it will appear on the Golf Channel and on golf websites. They will probably not do any infomercials as Keith thinks it will hurt the image of the ball. They will then let the ball get so popular that the pros will come to ND and ask to play the ball and that way ND can sign players to contracts under their terms instead of wasting millions on players contracts. They also plan for someone (Nike, Titleist, etc.) to buy the technology and use it in their own balls.
We talked about some other things as well, but they aren't really relevant. I asked if he could show me around the building, but he told me that he could not because of privacy/legal issues (or somehting like that). Overall it was an interesting meeting. Keith is going to mail me a media guide.
I was kind of dissappointed because they are not as big on ALMI as I thought they were. You can even see on their website that one of their business divisions is to help market nano for those who can't do it themselves. This is where I believe ALMI fits in, unfortunately. Hopefully, if I ever get to meet with Natural Nano I can find something more interesting.
posted
Yes, ALMI is well poised for a "violent" upswing in prices upon first release of news about sales for nanotech applications.
To date, Bill Jacobson has kept every promise he made, there has not been a single release of bad news, and this first hand account of visiting a related company, strongly suggests a viable nanotech market is in the makings.
Very good news, indeed!
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posted
Information provided by Penny Picks over at the IH Board. Very nice "slide" presentations. Short, concise, fast reading. Click on the html links at the Natural Nano site,
This slide presentation is very nice. Pay attention around page 11 and up. Very short presentation for each page, only takes five minutes or so to view.
posted
Atlas Mining to Improve its Processing System at the Dragon Mine
Thursday June 30, 12:46 pm ET
OSBURN, Idaho--(BUSINESS WIRE)--June 30, 2005 Atlas Mining Company announced today that it has contracted with Ginn Minerals Laboratory of Sandersville, GA to assist them in finding a processing method to clean the iron stained halloysite material at the Dragon Mine in Juab County, Utah. "Although our geologists have indicated a large amount of pure white halloysite in the bed (approximately 300,000 tons), we have encountered several hundred thousand tons of iron stained product. Our current processing system will process our product in a good manner, however it does not separate the iron from the halloysite as well as we would like. We know we will eventually have a market for the iron stained product, but also know that if we clean it up, that it will command a higher value." As Jacobson explained, an iron cap surrounds the bed of halloysite and the outside perimeter of the bed is iron stained by seepage into the bed from the iron. This "halo" is anywhere from ten to 30 feet in thickness, and contains many tons of good halloysite microtubules. "As we move from iron stain to white to iron stain, we find it hard to keep the various grades of material separated. Rather than waste any of it, we have come across a method to clean and use it all. This will also bring us more available material in our reserves as our original reserves are based on estimates of the pure white product available." Sources have indicated that the mine reserves could be increased by a factor of as much as two, by utilizing this new processing method.
Atlas had contracted with Ginn Minerals Laboratory of Sandersville, GA to assist them in finding a method of processing the dirtier halloysite materials. Phase one of this process has been completed and the results have produced a very high quality halloysite. The brightness factor is the mid 90's and the microtubules have not been affected by the processing, according to lab personnel conducting the work. The next phase will be the development of plans for a plant on site. Meanwhile, mine production continues which includes separating the halloysite prior to processing. Other areas of improvement at the mine will be the establishment of a lab to test the materials in order to assist in quality and grade control.
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posted
hmm, pretty interesting. also seems to show some confidence that they call sell the clay, if they're going to the trouble to thinking about purifying the other 300K in reserve. also of interest because this is the first time they've slipped mention in about how actually could be quite a bit more than the 300K ton figure in the mine - was mentioned about a year ago in a few PR's and then not discussed by the company much in PR's.
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posted
I agree, Blue. Jacobson would not be investing more capital without incentive. He knows there is a viable market for his clay. Basically reads Jacobson is investing effort into both increasing his per ton value and increasing his reserves. Appears he is making prudent decisions for the long term health of his company.
This news also sends a message Atlas is still in a development stage, for both mining and marketing.
With just a fifty-percent increase in reserves, this increases their long term value greatly.
This is welcomed news.
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1. 300,000 tons of pure clay 100,000+++ tons of non pure clay
This is in "the bed"
Does this mean that more clay can be found in other beds?
"Although our geologists have indicated a large amount of pure white halloysite in the bed (approximately 300,000 tons), we have encountered several hundred thousand tons of iron stained product.
2. ALMI must have major plans for selling all this clay now and in the future with them going ahead with these plans - -
Atlas had contracted with Ginn Minerals Laboratory of Sandersville, GA to assist them in finding a method of processing the dirtier halloysite materials. Phase one of this process has been completed and the results have produced a very high quality halloysite
posted
Atlas Mining Company Announces $4.4 Million Private Placement
July 06, 2005 09:30:05 (ET)
OSBURN, Idaho, Jul 06, 2005 (BUSINESS WIRE) -- Atlas Mining Company (ALMI, Trade) announced today that it has recently completed a capital raise of $4.4 million via the sale of restricted common stock. The announcement made by company president William T Jacobson, stated, "The company has accepted $4.4 million from existing long term investors through a private placement of its common stock. With these proceeds we will be able to purchase the Dragon Mine, payoff debts and have the necessary funding to move the Dragon Mine into a more productive stage. We are very pleased that we have shareholders with faith in our company and willing to take a long term position such as this." According to Jacobson, the funding came from three major institutional funds that have held Atlas stock prior to this sale. "All have had representatives visit our mine and know we are the real thing. Their due diligence was complete and we know we have very supportive financial partners to help move us forward," stated Jacobson.
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ITEM 3.02. UNREGISTERED SALES OF EQUITY SECURITIES On June 30, 2005 the Company sold a total of 4,880,092 shares of common stock at a price of $0.908 per share for a total of $4,431,124. No commissions, fees or discounts were paid in connection with the transaction
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posted
Dr. Ron Price Joins Atlas Mining Company Board of Directors Tuesday July 12, 8:28 am ET
OSBURN, Idaho--(BUSINESS WIRE)--July 12, 2005--Atlas Mining Company (OTCBB:ALMI - News) announce today the appointment of Dr. Ronald Price to the board of directors. Dr. Price's appointment was made in light of the recent resignation of long term director Tom Groce. Dr. Price is employed at the Naval Research Laboratory in Washington DC, and is the inventor of microtubular technology which was patented by the US Navy and the Department of Defense. Through Dr. Price's efforts the Dragon Mine halloysite has become the product of choice for many applications using this technology. Commented William T Jacobson, president and CEO, "It is a real honor to have a person of Dr. Price's caliber on our board. When Tom Groce told me he was going to retire, we looked for a new member that would give us the support that Tom had, and help guide us into new areas. Dr. Price fits very well into our way of thinking."
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Expanded Strategic Partnerships: These include a cooperative effort between Biophan's Nanolution division, which develops advanced nanotechnology-based drug-delivery systems, and NaturalNano Inc., a company developing naturally occurring nanomaterials such as halloysite, a mineral with a rich nanotube concentration. In a cooperative project, NaturalNano (www.naturalnano.com) and Biophan's Nanolution division are developing new drug-delivery capabilities, including extremely long lasting drug-delivery coatings with the ability to release drugs for a period of several years. Frost and Sullivan has predicted that the convergence of biomedical devices and pharmaceuticals represents a $40 billion market potential. Among Biophan's technologies is "active drug delivery," with controllable elution using "smart" coatings which elute drugs when electromagnetic fields are presented at a specific resonant frequency.
posted
this is really pretty interesting. kind of funny too because i've followed BIPH for awhile and Purl and I even discussed/compared BIPH with ALMI in a few posts awhile back, but it never occurred to me that there might ever be a "connection".
not only does it seem from this that naturalnano might form a type of "bridge" between BIPH and ALMI - would also seem that both companies also have a lot riding on naturalnano's ability to generate applications and markets for BIPH and ALMI's products.
will be very interesting to see how this plays out over the next few years with these 3 companies.
Posts: 1698 | Registered: Mar 2004
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posted
interesting trading lately for ALMI - low volume for long periods, then some occasional very large buys near the close lately that push up any dips. definitely seems somewhat range-bound for now between 1.05 and low-1.20's, but - i'm just going to hold for awhile. i don't want to be out when any news hits, and don't want to mess with trading in and out of ALMI anymore.
HOM *finally* hit $2 again, been a long time - about 22 months or since it last saw 2. unfortunately i dumped half too early, but - still some nice gains, still holding some.
PDGE, ETLT, ugh - not much to say. only bright spot was that i brazenly/foolishly bought more ETLT yesterday on the absurd dip to .135 for a quick swing to offset some of my losses there. let them go at .20 but am still holding core ETLT position, i guess i'm a stubborn fool. can't help but watch CXTI too, very much in the same vein as ETLT in terms of dipping towards fractional P/E's and chinese OTC stocks being absurdly out of favor. a dip to the .40's, will probably pick up a bit again, even though i swore it off earlier, heh. maybe will eventually pull an AOBO where it finally starts to realize even part of it's market value.
DVPC, still watching - sitting on the bid at .065 for awhile now for more but no fill.
freakin' sold ASPN at 4.90, dangit. story of my life, i always sell too early. painful to watch it the last 2 days, had to take off my ticker. worst part is i had my dad sell at 4.90 too, left a ton of money on teh table. dammit, i freakin' hate that. eh oh well, was a very nice play for us though all in all, just - not as nice as it should have been had i not been an idiot and sold.
amazing, these stocks that just get in trader's hands and caught in a massive updraft. ASPN now reminds me a lot of IPII, 6-bagger over a pretty short time scale. gotta find me some more of these!
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"The next step is to start selling the product. We have many willing buyers. They have been waiting for us to prove that we can produce the product. We will soon start inviting these buyers to our property to inspect the processing and mining activities. Our biggest concern will be whether we should tie up our production on the conventional users or keep a supply available for the microtubule and nano users. Our partnership with both Nano Dynamics and Natural Nano are proving there is a very valuable market in this area. We expect that we will be receiving orders from this market soon."
pretty interesting stuff.
i continue to think that it's a pretty ballsy move by Jacobson to pick the two birds in the nano-bush over the one in the conventional-use hand. a calculated gamble, no doubt. i'd be cheesed off if i were a shareholder in many other companies and they took this route, and a survey of some ALMI net chatter shows some impatience in some current ALMI shareholders.
but, and it's a big BUT - i'm willing to stick my financial neck out and trust Bill Jacobson's judgement on this one.
"We have many willing buyers."
"We expect that we will be receiving orders from this market soon."
i can't say on time frames, and i'm sure even Jacobson may not know, at this point. but - i'll stick with him on this, i don't think he'd be saying "we have many willing buyers" if it weren't true, i don't think he's a BS-er. been with it quite awhile and i'm going to stick with ALMI and see how the story plays out, have advised my family to do the same with their ALMI holdings.
it makes me want to stick to ALMI even more when i think of thing such as Purl's rainy-afternoon "chinese dragon mine medicine" thread of awhile back. i dunno what nano-uses they'll go with first and which will eventually end up biggest. but - a whole lot of halloysite patents, i think they'll find some viable nano-uses out of some of them that could make Jacobson's gamble pay off.
i also doubt that Bill would go to the trouble and expense of looking into purification of the iron-stained clay, if he didn't think he could sell it for good profit by doing so.
we'll see how it plays out, should be mighty interesting. i got time - all in my kids' college funds and my IRA, neither of which will needs for years. so - let it ride! i'm holding.
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posted
i'm sure you thought of this already Purl, but - the next 10Q for ALMI is due in maybe a few weeks. might be a similar effect as last time, when weak hands who owned some Atlas realized that they were not yet profitable and sold. started freeing up some more cash today to hop in and add on any potential dip caused by the Q. we'll see, i can hope.
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posted
thanks for posting these bingo, will check them out tonight.
ALMI ended up holding pretty steady after the 10Q, drats - was hoping to add more on the cheap. the Q was as Purl would say "as expected"
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posted
watching very closely here, cashed out 1/3 of my PDGE holdings so could try to pick up some more ALMI on the cheap. dip today is on very low volume, obviousy a few weak hands are getting impatient and bored with ALMI. me, i can be patient.
Purl, what's your limit buy price, so that i can set mine at .001 over yours? heh
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yet another obvious sign that Jacobson has great confidence in the company's future, I continue to hold.
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