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

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To: Ron Struthers who wrote (26746)11/16/1997 4:04:00 PM
From: Brander  Read Replies (1) of 35569
 
Ron

<<This basin is a placer deposit and the consensus has always been that it was
homogeneous>> That was one of my questions, too. Previously, there was alot of talk about the entire basin being homogeneous. Are you now saying that it is not? If it is homogeneous, then the two COC samples should be representative. Another question about the sample size. I agreee that the sample size is small, but statistics would still conclude that it is more likely that at least one of the samples is representataive of the ave amount of Au present than not. I don't see how a respected company like Bateman or BD could take two samples from the site that were entirely unreprentative of the site as a whole?

Brad
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