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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Ed Fishbaine who wrote (7627)9/26/1998 5:14:00 PM
From: Laser  Read Replies (2) of 14226
 
Ed,

I did not say "absence of a method for extraction" or " absence of any value to the ore"

What I am saying is the current method of extraction is flawed in as much that a reliable output cannot be achieved without constant adjustments to the process itself. Is this not correct? This is from the GPGI web site dated Sept 10/98:

"Much valuable knowledge has been gained in processing these early shipments. This knowledge has resulted in modifications to the processing procedure, which have already yielded significant benefits. Assays of shipments 3 through 6 show profound increases in the quantities of metal present in the resin. Procedures at the mill for processing with resin are being continuously upgraded as we work toward the goal of extracting the maximum amount metal from the ore."

As to the value of the ore. Until Global publishes the cash receipts from the shipments, how can we determine what the value is?

However, I suppose at this point we should await the report from Mr. McKay.


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