Global Platinum & Gold (GPGI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (5670)	4/10/1998 1:40:00 PM
From: Ed Fishbaine	Read Replies (2) of 14226

Zeev, A couple of points 1. It takes only a fraction of 1 ton of copper to process 1 ton of ore. The exact quantity I do not have at hand. Also, the copper used in the electroplating process is recycled. Hence costs for copper are basically not a significant factor in overall costs. 2. It is true that there is a disconnect between the Brian Russell COC and 110 ppm you found. This remains to be resolved. I believe, but cannot prove, that it has to do with the method Iseman used in processing the material Brian Russell sent him. Russell Twiford has always claimed that standard methods do not adequately demonstrate the quantity of goodies in the ore. It remains for him to prove this. We will know before much longer. However, even with 13 grams per ton (and I really believe this is a low ball figure and that the more typical figure for this method of testing will be in the 18-20 gram per ton range) the deposits are economic by a considerable margin. Remember that Brian Russell stated that in South Africa, with deep deposits 6 grams per ton is profitable. Ed

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next