To: lorne who wrote (51014 ) 4/1/2000 7:25:00 PM From: IngotWeTrust Respond to of 116753
Nice to know what the gold recycling competitors are doing<g> Thanks alot for that fabulous article.To help put some of those numbers ---"The waste recycling company is aiming at extracting about five million tonnes of gold annually from industrial waste, electronics, computer and telecommunications products by the year 2002, said executive chairman Y.K. Kan"..."Using technology sourced from overseas, Analabs would have to process 50 tonnes of waste to recover two tonnes of gold, he said." -- in that news feature story into perspective... In the heart of south africa, usually a TON of rock is crushed and leached for 1 ounce of gold. This outfit in your URL is processing 50 TONS and getting 2 TONS of gold per 50 tons. That is ASTOUNDING! And I'm here to tell you that from the first hand experience I've had recycling gold on a mucho smaller scale over the last 10 years, and a process I've unflaggingly taught many many hundreds of others, they will be recovering minimally 10x in silver for every ton of gold they recover. This quantity of going after industrial waste to mine it for the gold is going to upset the Price of Gold applecart even further and the impact on the price of silver????? I'm staggered to just contemplate it. Wait till Ken Benes gets his teeth into THESE numbers!!! Can't you see the leasing boys queueing up to this bunch??? WOOOOOOOOOOOOOOOOHAAA!!! The profits this stock will make will be staggering indeed. Gonna go hunt for some shares now. And ABX better duck or buy'em...they've been warned<g>members.aol.com for a sneak peek at my publically published testing results over 10 years ago. Enjoy. Thanks again, Lorne. You MADE my day!!! O/49r PS for those of you who missed Lorne's article, click:thestar.com.my