International Precious Metals (IPMCF) Message Board

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

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To: John D. McClure who wrote (26160)	11/14/1997 5:10:00 PM
From: Karl Zetmeir	Read Replies (2) of 35569

Hopefully ... we're all about to get a lesson in assay/recovery grades. My understanding is the AGM numbers were generated through a recovery technique ... today's report is one from fire assays. I believe fire assays are almost always lower than the actual recovery numbers. It may be the purpose of this report is more to indicate the "presence" of the precious metals more than the actual amounts which will be recovered. I think the report says as much. Let's not have a kneejerk reaction based on our technical expertise naivete. Hopefully, some of our more technically accomplished comrades will explain this report to us during the weekend.

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