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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Zeev Hed who wrote (7763)10/3/1998 3:34:00 PM
From: Ed Fishbaine  Read Replies (3) of 14226
 
Zeev

>>I am more worried about problems incurred from admixing different batches in the process so that follow up on a given process stream may become more difficult, and thus the opportunity of finding what are the critical parameters that determine the efficiency of extraction could be lost. <<

This is precisely what is being corrected by McKay.

Not only did batches from various sources get mixed together, including the material returned from Noble metals, but, from what I understand, various quantities of resin were employed at various times thus not providing a systematic understanding of what works. It also seems that excessive quantities of resin were used which then results in a dilution of the pgms in a given quantity of resin and further results in lengthening the time for saturation of the resin. With pressure to make weekly shipments it was inevitable that weakly saturated batches of impregnated resin would be shipped.

All this is being corrected. Again, from what I understand, there will be no pressure for shipments on a time basis. Shipments will be made when the batch of resin for shipment is demonstrated, by assay, to be fully saturated.

If the above does not illustrate bumbling at the mill and inadequate management I dont know what does. I am calling the shots as I see them without the BS, hype and evasion. If some on this thread are unable to handle this its their problem.

On the very positive side I believe all should be relieved that finally we have an acknowledgement of the mistakes ( otherwise why would McKay be welcomed and needed) and have an excellent chance of correcting them. I personally have not the least doubt that the resin process can and will extract pgms from the rich Global ore once the operation is running systematically and consistently. And I have confidence that McKay is the man to bring us to this point.

Regards, Ed
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