Shareholder news One concern we have had this past year is the lack luster performance of our stock. We went through tremendous efforts and expense to get the company into a fully-reporting status with the Security and Exchange Commission, and have strived to keep up our filings. We have targeted a property (the Dragon Mine) with great potential that is environmentally sound, and with a fairly economical cost factor for development. In the mining industry this does not happen very often. We have a resource of at least 300,000 tons of unique halloysite clay with a minimum value of $450.00 per ton. This equates to over $4.00 per share value to our shareholders. If the rest of the investing public understood as well as you, our shareholder, the significance of this, we would not be struggling with a market price of ALMI in the ten-cent range. http://biz.yahoo.com/bw/031027/275581_1.html
Posts: 638 | From: new york | Registered: Jun 2003
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I've been looking at this and was wondering if you knew of anywhere that I could find specific details of the relationship between Chester Mining and Atlas concerning the Dragon mine (length of lease, any costs to Atlas other than 3% of the gross and 100,000 shares per annum etc.). Thanks.
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