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

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To: Graystone who wrote (26644)11/16/1997 9:37:00 AM
From: Bill Jackson  Read Replies (3) of 35569
 
Graywhiskers,

I look at this snippet from your post

Toronto, Ontario (June 24, 1997)
Weight Gold Platinum Palladium
lbs. gms oz./t gms oz./t gms oz./t
1 900 3.73 0.26 5.14 0.37 5.63 0.39
2 452 2.17 0.318 1.98 0.284 1.05 0.145
3 400 2.27 0.376 1.21 0.202 0.52 0.084

Now in my book 1 ounce is 31.105 grams, and if we take the first sample #1 for gold, 3.73 grams and 0.26 ounces??
3.73 grams is .12 ounces per ton. 5.14 is .165 opt.

If you go the other way the grams are higher. Which is correct??

Bill
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