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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 23.57-2.9%Jan 30 9:30 AM EST

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To: Zeev Hed who wrote (96)7/28/1996 12:32:00 PM
From: Zeev Hed   of 14226
 
To ALL: I hope to be able to visit GPGI's facilities sometimes during the next month. If I do, and to the extent that I can, I hope to be able to better understand their various processes and thus the potential revenues in the future. The question is not whether they have precious metals in the ground and in the pile of upgraded ores, but how efficient they will be at extracting this metal and how much of the total value of good stuff they can get out. I have developed (on paper) a number of major improvements to their processes, but I do not know if these will work or if they will implement these improvements. One of my approaches has the potential to increase sludge production rate by a good factor of 5 to 10, mind you I said "potential". From my discussions with one of the plant operators, they have tested one of my suggestions, and it looked like this indeed more than doubled the rate of copper deposition (thus sludge production rate). Still, this minor improvement is a long way from what they need to break out the champaign. I'll let you know what I find, if I find anything.

Good luck to all.

Zeev
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