Golden Eagle Int. (MYNG) Message Board

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Gold/Mining/Energy : Golden Eagle Int. (MYNG)

MYNG 0.0700

+5.7%

Feb 21 4:00 PM EST

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To: Keith Hodgins who wrote (28472)	9/30/2002 9:53:41 PM
From: Digrdug	Read Replies (2) of 34075

Keith “the Doug thing” can actually answer some of your questions! “how dirt goes in at one end and gold comes out of the other end” One gram to the tonne (metric tonne = 2200 lbs) is one part per million. Not much! So the dirt (fine material) is separated out of the larger stuff, the “overs”. The fine material is then beat up to clean the sticky clay off of the gold particles and then the gold is taken out using gravity. Gold is about 18 times the density of water and the dirt is only about twice the density. The whole works is sloshed around in water in various machines until the gold comes out the bottom and all the other stuff goes out the top. “isn't the gold, once separated, pure gold?” It is pure metal but not pure gold. The gold mined in that area is about 90% gold with the rest being mostly silver and copper. It can be made directly into jewelry without being refined, only diluted. “why would it have to be assayed or whatever?” The buyers only pay for the gold content, we give them the rest. ”once whatever it is that is getting separated comes out the other end, then what?” It is all of the heavy metal particles and a bunch of dirt sand etc. This is separated out by various measures and then is smelted into a “dore” bar. A propane furnace melts the material and various fluxes are introduced to get the metal to spit out impurities that do not go into solution (Chemistry 11). After a while in the furnace the metal is poured into a mold to make a bar. This is taken to the buyer and samples are drilled out for assay. The seller gets about a gram for a check assay if they think it is necessary. “How do they keep track of how many tons they are putting into the thing?” Bingo!! Now you know one reason why I call this company a scam!!! Just more opinions

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