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Press
Release Archives: 06/21/2005
Itronics
Featured by Analyst Jay Taylor in Prestigious Dick Davis
Digest
RENO, Nev. and FORT LAUDERDALE, Fla., June 21
/PRNewswire-FirstCall/ -- The Dick Davis Digest, one of
the nation's oldest and most prestigious investment
newsletters, in its June 13, 2005 edition, features a
recommendation on Itronics Inc. (OTC Bulletin Board:
ITRO; Frankfurt and Berlin Stock Exchanges: ITG) written
by noted gold and technology stock analyst Jay Taylor.
Under the headline Itronics: Enriching Value, the column
says:
"Itronics Inc.'s highly speculative shares are up only
marginally so far this year, but some important progress
has been made financially. First, Itronics reported its
first gross profit in history. Secondly, its marketing
arm, Western Farm, a subsidiary of Agrium, has provided
financial support for working capital. It is also my
understanding in talking to the company that farmers are
expressing a high level of satisfaction with its
revolutionary, environmentally friendly GOLD'n GRO
fertilizer product, as virtually 100% continue to use
the product. The wettest California spring in 100 years
has delayed revenues this spring, but should be pushed
out later in the year and management is hopeful of
another doubling of sales this year. The company is
expanding its sales into the northwest and northeast and
it's also expanding its product lines. The markets for
GOLD'n GRO are enormous. If this company can survive
long enough to reach the small level of sales required
to turn cash flow positive, the least we would expect is
a '10-bagger' from current levels in this company's
share price. Because of the risk/reward ratio,
speculative investors are encouraged to allocate up to
5% of their portfolios to Itronics at this time."
The Dick Davis Digest (800/654-1514) publishes 24 issues
per year providing serious investors with a timesaving,
cost-effective overview of the stock market. It is the
investment newsletter of choice for investment
professionals, as well as individual investors.
Itronics, through its subsidiary, Itronics
Metallurgical, Inc., is the only company in the world
with a "Beneficial Use Photochemical, Silver, and Water
Recycling" facility that extracts more than 99 percent
of the silver and virtually all the other toxic heavy
metals from used photoliquids and converts the resulting
liquids into environmentally beneficial, chelated,
multinutrient liquid fertilizer products sold under the
GOLD'n GRO trademark, and 5 troy ounce, 0.999 pure,
Silver Nevada Miner numismatic bars. The environmentally
friendly liquid fertilizers can be used for lawns and
houseplants, and are available, along with GOLD'n GRO
liquid fertilizer injectors, at the Company's "e-store"
catalog at http://goldngro.com . The popular Silver
Nevada Miner bars are available at the Company's
'e-store' catalog at http://www.itromet.com .
Headquartered in Reno, Nevada, Itronics Inc. is Nevada's
leading "Beneficial Use Recycling" company and a world
leader in photochemical recycling. The Company also
provides project planning and technical services to the
mining industry. Dr. John Whitney, Itronics President,
was selected as Nevada's Inventor of the Year for 2000
and is a member of the Inventor's Hall of Fame at the
University of Nevada, Reno. Itronics was one of five
finalists for the 2001 Kirkpatrick Chemical Engineering
Award, the most prestigious worldwide award in chemical
engineering technologies.
VISIT THE WEB SITE: http://www.itronics.com
(Statements in this press release may constitute
forward-looking statements and are subject to numerous
risks and uncertainties, including the failure to
complete successfully the development of new or enhanced
products, the Company's future capital needs, the lack
of market demand for any new or enhanced products the
Company may develop, any actions by the Company's
partners that may be adverse to the Company, the success
of competitive products, other economic factors
affecting the Company and its markets, and other risks
detailed from time to time in the Company's filings with
the Securities and Exchange Commission. The actual
results may differ materially from those contained in
this press release. The Company disclaims any obligation
to update any statements in this press release.)
Contact: Paul Knopick
E & E Communications
949/707-5365 |
