International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Zeev Hed who wrote (322)	11/5/1996 4:56:00 AM
From: Mr Logic	of 35569

Zeev, >>CL comments that for a differential of .2 OTP it does not make sense to crush the rock could be correct, but this would put a crushing cost higher than $40/ton, and this is awfully high. There must be another reason.<< I wouldn't expect the rock to be attractive at this stage as the sand can be scooped out of the ground rather than broken up & crushed. Like you I don't really understand how come the sand is so near the source rock; we need a geologist. Like most others here I would just like to see a BD report, nothing fancy, demonstrating that the first sqkm of property has some value, to the depth drilled. I don't mind if it takes a couple of years or more to prove up (1) full metal content per ton or sand (2) depth of deposits (3) extent of deposits over whole property Patrick

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