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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST

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To: RagTimeBand who wrote (7843)2/24/1998 11:47:00 PM
From: Joe Champion  Read Replies (1) of 116779
 
>>you imply that Global Platinum and Gold is using transmutation to derive gold. I've taken the time to go their web site and can find no reference to using transmutation.<<

Allow me to state this in general terms. I have a great respect for the lead technical director of Global, Mr. Wayne Palmer, whom I have known since 1993. Furthermore, numerous people have attempted to recover precious metals from the various ores of not only Global, but also numerous other sands in the desert.

Global reports ounce per ton of gold and platinum, other desert dirts report the same.

Global has shipped and been paid for their metals. Others only have the "milligram" assays that states that there is gold and platinum in ounce+ quantities.

Allow me to go on a tangent for one second. Let us assume that these desert dirts have values in the ounces per ton of gold and platinum. For round numbers let us assume that there is only two ounces per ton of these metals. IF (again I say "IF") they have such values, they should never enter the processing business, for they should enter into an agreement with Phelps Dodge, ARASCO or some other major mining concern and sell their ore for $0.50 on the dollar. This means they only have to dig it out of the ground, ship it and receive greater than $300.00 per ton. Simple, easy and logical!

However, this is a dream. For the corporate research centers of Phelps Dodge, ASARCO, Englehard and others have looked, tried and failed to reclaim the first gram from these ore bodies.

If it is not transmutation, then what is it?

Furthermore, you said you could find nothing on transmutation in the GPGI site. May I direct you to:

gpgi.com

With respect, I hope this helps.

Joe Champion
JoeC@transmutation.com
transmutation.com
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