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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Larry Brubaker who wrote (8022)10/21/1998 9:52:00 AM
From: Zeev Hed  Read Replies (1) of 14226
 
Larry, the first two shipments where from 10 ton each, do I remember correctly (or was it 15?). In any even, if your calculations are correct, and we have about 6 oz in that it comes to .3 oz/ton roughly, and the last four shipments could not reproduce this. This still put the viability of the operation in question, IMHO. The contemplated process is quite expensive, and you need at least few hundred dollars of goodies per ton to be profitable, at least with current contemplated processes.

Zeev
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