Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ron Struthers who wrote (26873)	11/16/1997 11:02:00 PM
From: O. H. Rundell	Respond to of 35569

O.H. the thing many seem to miss her[e] is the fire assay. Te reason it is important is a FA is deemed representative of what can be recovered. Ron, I didn't miss the fire assay; what I do miss is 0.81 (AGM) minus 0.05 or 0.04 (BD, '95; B, '97) = 0.77 or 0.76opt of recovery. That is a very significant difference. So far, of course, IPM hasn't been able to verify that they can recover any metals in excess of what was signed off by BD in December 1995 (approx. 0.05opt Au). OTOH they have claimed the ability to recover much greater quantities. Each can draw his/her own conclusion. O. H.