May 31, 2011, StockGuru Spotlight: UAMY Up 419% with Interday High of 467% – China Has 92% of World’s Antimony – This Is A Valuable Concession

May 31, 2011, StockGuru Spotlight: UAMY Up 419% with Interday High of 467% – China Has 92% of World’s Antimony – This Is A Valuable Concession

StockGuru Spotlight

May 31, 2011

CNSO, CEXI, SURE, MDCE, XPWR, GNGP

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These Spotlights have made tremendous moves.  As you can see, StockGuru brings you the very stocks you want on your radar, in your portfolio and to trade.

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StockGuru Spotlight Date Spotlight Price Symbol High Up As Much As Market Cap
29-Mar-11 $          0.52 UAMY $          2.70 419% $152.03M
23-Mar-11 $          0.05 SINX $          0.16 220% $42.82M
28-Apr-11 $          0.04 TVER $          0.09 125%
7-Apr-11 $        0.008 SFRX $      0.0250 213% $10.66M
10-Mar-11 $          0.50 PFIE $          1.00 100% $45.00M
24-Mar-11 $          0.11 OEDV $          0.30 200% $11.66M

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United States Antimony Corporation (OTCBB:  UAMY) hit an interday high on Friday of $2.85 to close at $2.70, up 419% since the StockGuru Spotlight.  China controls 92% of the world supply of antimony, making this mine extremely valuable. Last week the Company reported the receipt of a significant multi-year purchase order for antimony oxide from a global manufacturer of electrical supplies. USAC intends to fill the order from its new Corral Blanco flotation mill in Guanajuato, Mexico. The mill will be ready for start up testing by the end of June 2011. The mill will service the USAC Los Juarez properties and other third party properties in Mexico. Concentrates from the mill will be further processed at the USAC smelters in Coahuila, Mexico and Thompson Falls, Montana. John Lawrence, CEO, commented, “Due to our potential as a fully integrated supplier of antimony, we have entered into discussions with other domestic and international users of our antimony products that wish to diversify their sources of antimony supply.”

USAC produces antimony oxide that is used primarily as a flame retardant in plastics, and antimony metal used as a hardener in lead alloys such as storage batteries, ordnance, and bearings. China controls 92% of the world supply.

 

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