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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: Bob Walsh who wrote (11087)8/4/1999 1:51:00 PM
From: Scott Wheeler  Read Replies (2) | Respond to of 14226
 
Bob, I'm wondering about the following statements:

Today:

<< The company continues to electroplate our remaining inventory of copper dore bars, and upon completion will ship the resulting anode sludge to Sabin Metals, Inc. for refining. >>

On 6/22 they said:

<< Presently, it is the feeling of Management that until larger and more efficient furnaces can be procured, all anode slimes presently being produced will be preserved and used as inquart for our leach process. As new equipment is procured, any excess of slimes needed for inquart will be shipped to Sabin for refining. >>

Do you think this means that they:
1) now have the new equipment,
2) have enough inquart material for all planned batch testing and have thus calculated that all future sludge may be sent to Sabin, or
3) are allocating some for one and some for the other as they go?

Thanks,
Scott