Global Platinum & Gold (GPGI) Message Board

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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

GPGI 24.26

+1.0%

Jan 29 3:59 PM EST

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To: Bill Jackson who wrote (1676)	2/17/1997 11:00:00 AM
From: Zeev Hed	of 14226

Bill: When you can extract more than an ounce per ton and have facilities to do that, the business decision should be generate cash now. Leave the the rest in the tailing, and continue your development effort to extract the rest. Once you developed this technology, you reprocess your tailing (that still contains 80%). What if you can never extract those 80%?, the 20% still are awfully attractive from a business point of view. If someone gave may a job at $15,000/day and kept $12,000 for himself, I'll take the job. I have taken jobs with 50% commissions to my marketing agents (I rarely do that however, usually I pay 5$ to 10% to marketing agents, depending on the nature of the effort they have in getting those assignments). Zeev

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