International Precious Metals (IPMCF) Message Board

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

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To: Bruno who wrote (23632)	10/29/1997 6:50:00 AM
From: Rock Doctor	Read Replies (1) of 35569

Bruno, Larry: regarding recovery consistencies ... The rumour (yes, only a rumour) that I heard in early October (from a source who spoke directly to Doyle) was that BD/Bateman were in fact getting 'high' recovery numbers (e.g. 0.25 opt Au), but that they were getting them with 'only' 80% consistency - and they wanted to get them with at least 90-95% consistency. So they were working on this, again, because again they want to release an 'absolutely irrefutable' set of data. So Bruno, from your post, it would seem that they are aiming more for this: <<They might therefore prefer ... to work with BD to achieve the best consistent result possible.Then to release the results for the maximum beneficial effect on the share price>> instead of this: <<IMO we should be looking for 0.18 opt au and 0.4 opt pgm sign off at this stage and a share price of $8-10 by Christmas, anything more is a bonus.>> overall suggesting that your 'bonus' scenario is the more likely one. Rock

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