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


To: Char who wrote (26401)11/15/1997 9:56:00 AM
From: Klaus Brandt  Read Replies (3) | Respond to of 35569
 
Hi Dave & All
The history shows that the fire assays did not show any gold, but the recovery did. Now they have a (consistant, I hope) fire assay. The fire assay does not tell us how much can actually be recovered. IPM needs a consistant fire assay to assess the property because it can be used as a scaler. Let's say, .014 fire assay, .40 recovery - what's the actual scale between the fire assay and recovery? Almost everyone assumes that the fire assay is the actual ore deposit. Read the T Hoare report again. The consistant fire assay is a milestone and a plus, we'll just have to wait for further PR's which I feel will be VERY positive! I liked the report, but not the reaction of the many posters here. We have to wait for the recovery report, which will be more like the AGM annoucement.

Klaus