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This would be my first post. I have been lurking around a number of boards, trying to learn all I can about, the crap shoot of penny stocks. It is absolutely facinating. At this point I still have a long way to go befor I am ready to jump in.
BUT..I do know a little about the silver recovery from film and used hypo solution. I was reclaming and selling silver at over $50.00 an ounce at one time, ( remember the Hunt Brothers ). A couple of points I will make, so you get an idea of my thoughts on this industry. 1. When I first started in the printing industry everything, and I mean everything had to be photographed to get it to the final product of a printing plate for the press. 2 my previous employer bought a $40,000.00 camera, and $15,000.00 film processor...it now sits and rusts. 3 the shop I now work in, has hauled the camera and film processor to the salvage as scrap. 4 the two largest printing facilities where I live, have in the past 3 years gone from using film to NO FILM USE AT ALL...computer to plate. As I sit here typing this, I am looking at approximately 40 lbs of silver flake. silver flake is the silver electroplated out of the fixing solution. It may very well be the last silver flake I will ever process. the use of film as a medium to get the image to the printing press is VERY RAPIDLY becoming a thing of the past. Sooner or later ( sooner I think ) the best pumpers in the world wont be able to get this puppy up again. When was the last time you bought a a roll of film for your personel camera? Film for personel photography is a thing of the past, the same is true in industry...digital..digital..digital. I am not bashing this stock...just shining a little light onto something I know a little about.
-------------------- Make a plan..work the plan..but don't plan the outcome.....you will sleep much better. Posts: 13 | From: Texas | Registered: Jul 2007
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On the contrary but I've heard just recently on talk radio that most of our electonic devices mainly monitor especially the new Flat panel monitors and Televisions are using silver.
-------------------- Teflon coated, kevlar plated, wind tunnel tested, ate a burrito and farted, R/C addict. Posts: 32 | From: Las Vegas | Registered: Aug 2007
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Silver is Silver....but silver being used in the photographic industry and reclaiming it out of the hypofix IS quickly becoming a thing of the past....I dont believe this company is recycling silver from electronic devices or making fertilizer from them .....my point is some day soon there will be shareholders left holding nothing...yup some pumping is still possible...but there is an end in sight for this one. JMHO from someone that has reclaimed a lot of silver from hypo ( I wish it wasn't so, it has been a sideline of mine for many years )...but it just isn't there anymore....as for electonic devices more gold than silver in them and I reclaim that also. Warren Buffett unloaded the vast majority of his position in silver not long ago when it hit or was near $14.00 an ounce
-------------------- Make a plan..work the plan..but don't plan the outcome.....you will sleep much better. Posts: 13 | From: Texas | Registered: Jul 2007
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