Joe,
Ledoux is a very well respected referee lab. I know the discussion re IPM, but the fact remains that they are well respected in the industry. I give you the veto on this and you may recommend another lab if you like. I, however, retain the final vote. You are sending me a sample of "unknown origin", and I certainly want to be fair with you. If not Ledoux, then whom?
I have listened to a lot of this crap about Ledoux and IPMCF, and Auric and IPMCF, and the discussion always comes back to "who screwed IPMCF". I will not make any judgements here, and I know that a lot of folks have lost a lot of bucks on IPMCF. I will only say that I cannot blame the referee labs or the management on that score, but wil say that in my opinion, the truth was severely distorted by unknown entities. A lab, any lab reports upon the sample or samples that they recieve for analysis. Just and simply that. They do not make judgements on how those samples were collected. On the other hand, the COC takes all into account. In the case of Joe Champion, I will be in receipt of an "unknown sample". There has been no COC on this sample and I want to state that I will simply report the results that I find in this sample by the most reliable means that I know and can obtain. Will Joe be able to argue the results. Simply yes! He can say that the sample does not represent his best efforts, or that it is unrepresentative of his overall results, but remember this, this is the sample that Joe sent me, and that is the way that I will report it. We have an offer to buy and an offer to sell. The deal is 50% of analyzed value if the analysis agrees + or _ 10 percent. If not, I will simply return the sample. That is the deal as I undersand it. We have a verbal contract. One which is more binding than a simple verbal contract, perhaps, since it is recorded here. Do not know what that is worth, but perhaps something more than a handshake.
This contract between Joe and I should illustrate to you all the problems inherent in the mining and refining industry. If they do not, then you are missing something. I am taking Joe at his word, and we have a transfer of the sample and I will have it analyzed and make payment at the contracted rate. That is the way it happens. I, frankly do not care about his process, I care about his results. He is sending me a sample, and I want to know whether I can take it to the bank or not. If I can, then I will ask him to send me more. Simple as that.
We also have trust, which is important. I believe that Joe will send what he said he would send and I believe that Joe believes that I am acting in good faith.
This is very off topic for the GPGI thread. I know that and submit to all that since there is nothing else going, we interfere with nothing.
That is the way I see it here, and I wish a Happy Easter, and a good weekend to all.
Easter and Full Moon, Jack!! |
