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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (24204)	11/3/1997 10:41:00 PM
From: Bill Jackson	Read Replies (1) \| Respond to of 35569

Eric; What you breathin' man?, smoke from some Mexican weed. By the way I was in San Antonio last week, saw the Alamo, read the book, squashed a few pennies for the kids as souvenirs and saw rattlesnake skins for $20. It was 90 degrees in the shade. Stayed at the Crown on Travis street, nice place, but the suburban malls along with a large down town mall are killing the downtown. I saw a store there dedicated to selling thousands of cat knick knacks of all kinds, it was very nice and enjoyable visit, and I learned agreat deal about the history of the Lone Star State. Sea water. It has gold. If you pump it over your knee and let it fall with a 100% efficient pump, and extract the gold for free, it will not pay for the electricity to pump it up that 24". It does not concentrate in the various sea water extractions for lithium, calcium, magnesium etc, and it is ignored. There are some plants they are trying to gather heavy metals with, but it is marginal. Ion exchange resins can be made to extract gold and some others using wave action in pods suspended just beneath the waves, but stuff grows on the resins and fouls them, the sea does not give up its dead or gold easily. I could take you to a place in the bread basket of the USA where you would not be able to find a single stone within an hours drive. Would you mine a jewellery store?? The deep alluvial earths of the midwest are known to hold only meteorites, as all other stones have made their way down 500 feet to bedrock. All stones are imported or baked from clays, or fell to earth. Assays in the USA and Canada are not driven by precision, they are driven by cost. In most cases I do not care if an assay is off by under 5-10%, as that will not make/break my project and sample variation can be far more than that from the same core. A number of assays will average out, and the bulk sample will give me the real world yield. So it is easy to get a more precise assay, but why? I want a fast cheap assay. I can understand IPM wanting a cheap fire assay, and if they play with the ingredients and procedure they might get one that will cost $2 plus time, and be done in a few hours in house, instead of a 4-6 week NiS assay that costs $100. I suspect that a bit of field work and some NiS assays on well explored ground might find some good stuff out in the west. Bill