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

To: GOLDIGER who wrote (26827)	11/16/1997 7:21:00 PM
From: Alan Vennix	Read Replies (1) \| Respond to of 35569

<<If the nominated recovery process CONFIRMED the presence of gold and platinum then why will it not be used for commercial development of the project.>> They were confined to use a process that could be carried out in the mobile trailer facilities. Obviously, they (Bateman) believe a better process exists, and it's possible they have already developed it in other facilities. Think about that for awhile !! Alan

To: GOLDIGER who wrote (26827)	11/17/1997 12:13:00 AM
From: E. Charters	Respond to of 35569

The trouble is how much? And if it cannot be used for recovery then its too expensive to return economics. But remember if Bateman is saying that the Pt and gold is too low to be recovered with that or any other system then that statement is legal to use but is slightly prevaricative. It could also mean that the Pt values and Gold do not have at present any feasible or conceivable system. Lets say there is .01 gold and .01 Pt and the only recovery system used at present costs 1,000 per ton, then technically the above statement would cover that situation and not have to deal with likelihoods. EC<:-}