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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: W.F. Schwertley who wrote (7003)8/18/1998 2:03:00 PM
From: Ed Fishbaine  Read Replies (1) of 14226
 
Hi W.F.

Yes. Globals ore at the Hassayampa and Weaver Creek is complex. At the Oro Grande it is partly complex but there is also ore which can be mined in tradional ways.

Globals ore and Maxams are both complex but not identical. Globals is richer. Global has succeeded in getting concentrates because of its particular procedures plus the use of a proprietary catalyst. Once a concentrate has been achieved the problem of ore complexity is ended. It is getting from the head ore to the concentrate where the complexity has confounded extraction efforts for myriad companies both public and private over the past 25 years.

To my knowledge no other dd company has, as yet, managed to get to a concentrate, at least on a commercial size level.

Sabin has no difficulty in processing resin saturated metals concentrates. Global's history of episodic shipments to various refiners in the form of sludge has shown that the values in the ore are easily quite economic. Therefore there is no reason to believe that the shipments to Sabin will be less concentrated. If anything, they will be more intensely concentrated.

The reason Global could not operate with the production of anode sludge is that refiners were not happy with the product and Global had difficulties in producing it. Those days are gone forever.

Regards, Ed
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