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

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To: Zeev Hed who wrote (13078)4/30/2000 6:09:00 AM
From: Thor Carlsen  Read Replies (1) of 14226
 
<<actually, if they indeed had 2 to 3 ounces of platinum per ton in their ore (as once more, the last PR states unequivocally),
then even the
clumsy smelting approach followed by electrowinning should be extremely profitable (probably a gross profit of
anywhere between $500 to $1000 per
ton.) The fact that they are not, indicates to me that they simply do not have that kind of concentration of goodies, and
someone is self deluding
himself out there, and in the process, causing a big delusion here as well.>>

So, in a nut shell.

a. there is metal in dirt
b. some metal is more precious than others
c. having the dirt with the more precious metals is good
d. going to market with extracted PMs would be best

BUT NOW the foundation of all comes to a crumble.

The level of "goodies" in the DD has been my ASSumption that
the level was high enough.
The bloody process works even at $750/ton but if there ain't
no PM in that dirt whilst we believe there is PM in that
dirt we WOULD SPEND YEARS fixing a process that already
works. No wonder a portable potty pilot plant makes for
a good traveling road show.

There is metal in the dirt BUT NOT ENOUGH?
Hmmmmmmmm.
Back to the drawing board.

Who has a patent that has a process that works already?
Follow THEM to a new location that has proven metal.
I don't mean COC proven -
- I MEAN PROVEN as in a reoccurring CHECK.
- This kind of distinction brings to mind places like Voisey

Any DDs sitting next to Stillwater? Literally "next to".

Birch Mountain produces CHECKS?

;-o

Any who Zeev, thank you always for your input.
No metal in the dirt, huh? Who would a thought...
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