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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: Ed Fishbaine who wrote (5991)5/22/1998 4:41:00 PM
From: Lee Bush   of 14226
 
Thanks, Ed. I appreciate your faithfulness in hanging in there with GPGI. So, they are using a resin ion exchange. This sounds good to me. It sort of validates what MXAM has been saying. I wish that these two companies would join forces at this point. It would be a good combination and would save 50% on the production facility costs.
In my opinion, they are underestimating the cost of installing a facility capable of volume processing. I believe MXAM is now facing up to that fact in outlining their proposal for a custom processing plant at Gila Bend. This is exactly what Mike Wendell said would be required months ago. Why invent the wheel twice?
Lee
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