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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Richard Mazzarella who wrote (5596)4/3/1998 1:06:00 AM
From: Joe Champion  Read Replies (2) of 14226
 
Richard,

I apologize for being so slow.

The conversion rate is ~1.2 ounces of Au per pound of Pb.

Energy is ~4,320,000 Joules, or 1,200 watts/second, or as the electric company charges 1.2 kW/watt hour.

Less than $0.50 total (energy)

Since there are no promoters, we don't have to worry about commissions, just chemical cost and labor.

Joe
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