Did anybody bother crunching the numbers? Of course ya didn't.
That "excellent" Q3 report is showing a 24% increase in fertilizer production BUT an 9% DECLINE in silver!! LOL!!!
Hey, maybe that's why he didn't mention the ounces again.
From kitco historical data...
2010 Q3 avg. silver price: $18.96/oz.
2011 Q3 avg. silver price: $38.79/oz.
for you math-challenged that's an increase of just over 104%.
So that means that any revenue increase less than that amount means less ounces produced. DUH!
2010 Q3 ounces produced (approx.): 6,000 oz.
2011 Q3 ounces produced (approx.): 5,510 oz.
That's about a 9% DECLINE, my friends.
How is he making 24% MORE fertilizer but extracting 9% LESS silver???
Where is it going? and this isn't even taking into account Stage 1 that was supposed to double the output as soon as it was operational last Q1. LOL!!!
So where is the silver disappearing to??????
Anybody know how NIR is getting paid off?
Anybody know how many shares of Auric Whit has?
Yeah, I know...those are separate issues, right unavailable for comment? Just like the 21.62 lie was a separate issue too, right?
Nothing but FRAUD here...and more of it.
No wonder why he stopped reporting ounces produced. LMAO!! What a SCAM!!!
Les the forgert the fertilizer is not all silver, s whats the bbef, what about all the trace metals and minerals that are filtered off besides silver,,,,hmmmm I guess you failed basic chemistry, you are one way out there dude....Just more baseless rants.....Also the email you posted is fake, they do not write like that and fail to put spaces between the words. I did a test, Sure is not the Response the NV sneds out...SO another fake post as usaul.....I wonder if I file a complaint against you for purposely manipulating the stock price lower what they would say......SO what you got your short sale in at your 10 price?
"Also the email you posted is fake, they do not write like that and fail to put spaces between the words. I did a test, Sure is not the Response the NV sneds out...SO another fake post as usaul.....I wonder if I file a complaint against you for purposely manipulating the stock price lower what they would say......SO what you got your short sale in at your 10 price?"
Bill, guess what...you are right! The email they sent me DID have the proper word spacing in it but when I cut and pasted it, it got screwed up. If you don't believe me then by all means contact Mr. Joseph directly and ask him if he did not send that email. The context is a direct cut and paste. The word spacing did get screwed up. That's all.
Unfortunately, this POS stock can not be shorted. If it could I would ride it down to ZERO. That's where it's going and what it's worth when the only person who knows everything is busted. ZERO.
YOU REALLY ARE A NITWIT, FEDDLY FRAUDSTER...BUT YOU KNOW THE TRUTH AND YOUR ONLY HOPE IS FOR OTHERS TO FALL FOR YOUR LIES.
HERE'S WHAT FEDDLY FRAUDSTER SAYS:
"Did anybody bother crunching the numbers? Of course ya didn't. That "excellent" Q3 report is showing a 24% increase in fertilizer production BUT an 9% DECLINE in silver!! LOL!!!"
ACTUALLY, FEDDLY FRAUDSTER, THE REPORT SAID "sales increased by 24%". WHAT'S THE DIFFERENCE?
ITRONICS CAN SELL AN ENHANCED FERTILIZER WITH DIFFERENT FORMULATIONS BASED ON DIFFERENT NEEDS OF FARMERS AND GROWERS...SO THE PRICE OF THE ENHANCED PRODUCTS IS GREATER THAT THE ORIGINAL FORMULAE...WHICH RESULTS IN INCREASED SALES.
IF SALES INCREASED DUE TO A BETTER PRODUCT, THAT HAS NOTHING TO DO WITH THE VOLUME OF THE FERTILIZER SOLD, WHICH YOU WANT PEOPLE TO BELIEVE MEANS THERE SHOULD BE MORE SILVER PRODUCED.
IF YOU COULD COMPREHEND WHAT YOU READ, YOU MIGHT HAVE A CHANCE UNDERSTANDING WHAT'S GOING ON...BUT YOU CAN'T, AND YOU DON'T.
BUT NICE TRY FOOLING NO ONE. LMAO.
FEDDLY FRAUDSTER AGAIN: "How is he making 24% MORE fertilizer but extracting 9% LESS silver???
Where is it going?"
FEDDLY...IT DOESN'T SAY "he made 24% more fertilizer"...IT SAYS "sales of fertilizer increased by 24%"...which means he sold fertilizer that brought in 24% more DOLLARS...as you see in the press release numbers. Well, maybe you DON'T SEE.
HEY...FRAUDSTER...BE SURE TO USE THIS LITTLE GEM IN YOUR NEXT EMAIL TO TEXAS, HUH.
Firstly, my friend, the Caps Lock key is just to the left of the A key on your keyboard.
Secondly, your GUESS about the company selling the more expensive formulations this year vs. last year is comical. Just about all fert sales are in bulk and all to CPS in central California. If what you're suggesting is true then the company sold 9% less fertilizer (in volume) this Q3 vs. Q3 2010. And it also means they sold 36% less fertilizer in volume in Q2 vs. Q2 2010 since that's the difference in silver ounces produced. Is that what you're saying??? If so, where is that "growth" from strong demand and sales expansion??? Can't have it both ways, my friend.
So it appears you are agreeing with the volume in, volume out then. I'm glad to hear it. But your theory is more of the inexpensive ferts were sold last year. I guess that means 5 years ago the fert being sold was more than 75% cheaper because that's what it would have to be for the volume in, volume out numbers to work with the silver numbers he's posting.
If you can confirm this with Whit, I will apologize and disappear forever. Sound good?
Let's see an email from him saying the fertilizer price from 5 years ago was less than a quarter what it is now. That's the only way your little theory holds water.
Nice try though.