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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 24.03-1.9%Jan 28 3:59 PM EST

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To: Ptaskmaster who wrote (11179)8/12/1999 5:17:00 PM
From: Zeev Hed  Read Replies (3) of 14226
 
Ptask, but 2 PPM is less than .6 oz/ton (or $20/ton of Pt), and thus gold is much less than that. The main question would be how extensive these anomalies are (tonnage wise) and I do not think that the whole place is mineralized homogeneously. At 2 PPM, there might be serious questions as to the profitability of extraction if we cannot find a cheap method of extracting the stuff.

Zeev
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