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Strange & Obscure companies


drbubb

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MarketCap = $xx Million = 18.9mn shares x$0.60

 

strange and obscure? back from dormancy?

Since the beginning of February, antimony metal prices have increased by 29% to $2.57 per pound. China controls 89% of the world production, and most of it is being consumed internally in China. Short-term supply is very tight, and prices are expected to increase.

 

CHARTS : Daily : Monthly- all data

 

United States Antimony Corporation (USAC) engages in the production and sale of antimony and zeolite products. The company produces antimony oxide products of different particle size using proprietary furnace technology, several grades of sodium antimonate using hydro metallurgical techniques, and antimony metal. Antimony oxide, a fine white powder, is used primarily in conjunction with a halogen to form a synergistic flame retardant system for plastics, rubber, fiberglass, textile goods, paints, coatings, and paper. Antimony oxide is also used as a color fastener in paints, as a catalyst for production of polyester resins, as a phosphorescent agent in fluorescent light bulbs, and as an opacifier for porcelains. Sodium antimonate is primarily used as a fining agent for glass in cathode ray tubes used in television bulbs and as a flame retardant. The company also sells antimony metal for use in bearings, storage batteries, and ordnance.

 

USAC, through its subsidiary, Bear River Zeolite Company, mines and markets zeolite and zeolite products from a mineral deposit in southeastern Idaho. The company is based in Thompson Falls, Montana. USAC holds a 75% interest and operates the Bear River Zeolite Company(BRZ). The permitting and engineering to develop the southern Idaho property was completed in the year 2000. Minesite construction was completed in May of 2001. Mining and Distribution of zeolite began in June of 2001.

 

 

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LINKS:

Corporate website : http://www.usantimony.com/

Stockhse. B'board : http://www.stockhouse.com/bullboards/forum...UAMY&table=LIST

Yahoo profile .... : http://finance.yahoo.com/q/pr?s=UAMY.OB

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Fascinating company, UAMY...

 

I am trying to work out what is happening to Antimony prices

 

Looking back...

5818.jpg153.jpg :Link

 

Since then, we can discover:

 

+ US Antimony reported sales:

Q4-2005:

Q3-2005: $1.62 x 311,732

Q2-2005: $1.56 x 406,657

Q1-2005: $1.37 x 528,376

Q4

Q3-2004: $1.45 x 392,872

Q2-2004: $1.56 x 326,465

Q1-2004: $1.17 x 401,496

 

+ chart :

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Abolishment of antimony tax rebate bothers Chinese suppliers

 

Since Chinese government announced the antimony export tax rebate would be reduced to 5% from 8% on January 1st, 2006, antimony ingot prices have not stopped their strong upward trend until laterly this month. But recently some industry insiders rep...

 

@: http://www.metal-pages.com/subscr/story.php?id=23154

 

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The domestic market for antimony trioxide, primarily used as a flame retardant in plastics, is approximately 70,000,000 to 80,000,000 pounds per year (ppy); that for sodium antimonate, primarily used as a fining agent (degasser) in cathode ray tubes (television bulbs) is approximately 7,000,000 to 10,000,000 ppy; and that for antimony metal primarily used for bearings, storage batteries, and ordnance is approximately 7,000,000 to 10,000,000.

 

The foreign market is approximately the same as the domestic market with one third going to Asia and two thirds going to Europe. The market for these products is expanding at 2 to 4% annually. United States Antimony Corporation (USAC) produces all of these products.

 

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THOMPSON FALLS, Mont., Feb 13, 2006 (BUSINESS WIRE) -- United States Antimony Corporation (UAMY) announced that its wholly owned subsidiary, Antimonio de Mexico S. A. de C. V. ("ADM"), has begun drilling on the Coahuila property in Mexico. The drilling program is intended to confirm a Mexican Government Monograph that reported a resource of 1,000,000 metric tons of mineralization containing 1.8 percent antimony and 8.1 ounces per ton of silver that are mineable by open pit methods.

 

Mill sites are being evaluated for the installation of a mill and furnace operation. High grade antimony mineralization is being offered to ADM that could be fed directly to a furnace without milling. This would expedite the start up of production for The Company in Mexico.

 

Notes:

2204 x 1.8% = 39.7 lbs./ton x $ 2.00 = $ 79.34

AG : 8.1 ozs = 8.10 ozs./ton x $12.0 = $ 97.20 + 79.34 = $176.5 / ton

 

United States Antimony Corporation is the last diversified producer of antimony products in the United States. Antimony prices continue to firm and are now more than $2.00 per pound. Raw materials from Mexico should allow USAC to gain market share.

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Maybe.

But when a commodity suddenly rises by 50% in less than 3 months,

and China is the main producer and user, I pay attention - Something has changed.

And from previous experience, these rises stick, and some money can be made

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  • 1 year later...

Time for another look at UAMY ?

 

ASnd how about this one : CFCM ?

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