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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Richard Mazzarella who wrote (8771)12/10/1998 4:12:00 PM
From: Ed Fishbaine  Read Replies (2) of 14226
 
Richard

I do not understand your distinction between OPT in the screened ore and OPT in the precipitate. Please clarify.

Also your implication that precip could be sold to a major is interesting. It is in line with my view that once pgms are in the precipitate the extraction problem is essentially over the hump.

But I think McKay wants to proceed with final extraction via ion resin exchange and shipment to Sabin. As I understand it once he has completed the resin process he will fire and ash a sample and this will be what will be expected from Sabin. There should be no difference between what the in-house ash yields and Sabins results. Except, IMO it is possible that with Sabins elaborate and expert ashing procedure they may get a somewhat higher yield, but certainly not a lower yield.

regards, Ed
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