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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: Mark Donahue who wrote (4794)	1/21/1998 1:41:00 PM
From: Chuck Bleakney	Read Replies (2) of 14226

>> From previous GPGI releases 5 tons of enhanced ore, milled and leached yields 1000 lbs. of primary concentrate ( this is the stuff that needs to dry ) further yields 800 lbs. of dore metal. "Assume" GPGI's enhanced ore has 7 oz. of good stuff per ton. Further assuming that GPGI's leaching process recovers 100% of the precious metals in the enhanced ore then 800 lbs. of dore metal will contain 35 oz. of precious metals. 3000 lbs dore metal / 800 lbs * (35 oz * .5 ) = 65.625 oz of goodies and * $300/oz yields $19,687.5 per month. << Something doesn't add up here... with $1,500 - $2,000 per T of enhanced ore, 3000/800 = 3.5 * 5 T enhanced ore = 17.5 T This calculates to $26,000 - $35,000 per month as what they should be able to extract... thats considerably better than you're assumptions, but it's not going to pay a whole lot of overhead and salary's. This process needs to scale up at least 10 fold to be viable to run operations off of... Chuck

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