International Precious Metals (IPMCF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : International Precious Metals (IPMCF)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (13406)	6/24/1997 11:44:00 PM
From: Claude Cormier	of 35569

Zeev, They are not using troy ounces but "avoir du poids" ounces, the 31.3 ounces/gram you are using is for troy ounces. As well, they are using short tons. The sample of 900 pounds contains 3.37 gm. So 1 ton (2000 pounds) contains 7.488 grams. This times .035 (.035 ounces avdp/g) = .26 ounces (avdp) per ton. It seems to be OK. Confusing but OK.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next