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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 24.83-0.8%Jan 26 3:59 PM EST
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To: Chuca Marsh who wrote (2589)5/1/1997 10:39:00 AM
From: David G. Findley   of 14226
 
Chuchabrainiac - because GPGI has told us the various amounts of PGM/Au in ounces per ton of their working ore. If you start with X ounces per ton, you damn well don't end up with X+Y ounces per ton in the precipitate. What part of simple math don't you understand:
10 tons ore times J ounces per ton = 10*J ounces of PGM/Au in
the 3,000 pounds of precipitate - by my estimate that's between 2.5 and 5 ounces of PGM/Au. And that is if the leach process is PERFECT and recovered every bit of PGM/Au. Not 3 pounds or 48 ounces, as the earlier poster stated. What's your problem. I can't help it if the IPMCF pom-pom team can't keep it up. GPGI didn't do as well yesterday either.

ps - Chuck, your grammar improves remarkably away from the IPMCF board. Well done, for once I can understand what you are saying. The IPMCF comment - golly, you aren't accusing me of being a GPGI advocate are you - after asking another hard question? I'm just a stock holder concerned about what my company is doing, instead of blathering wild talk about how rich we are all going to become. Mark Twain's comment should be updated to: "A gold mine is an Internet bulletin board hole with a bunch of hypsters standing at the top".

David Findley
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