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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: GlobalMarine who wrote (4291)	11/23/1997 9:04:00 AM
From: Zeev Hed	Respond to of 14226

Rand: When the 500,000 is gone, they have (and this number I am not sure of) at least 15 MM additional tons at hassayampa they can screen which should result in between 5 to 7.5 MM additional tons of the same grade ore as the current 500,000 tons heap. Then they have more than 100,000,000 tons at weaver creek, which is similar to the Hassayampa ore, just these two should suffice for may years. I do not know what the Oro Grande is like (it is more like a traditional deposit with rich veins, than the aluvial deposits at Hassayampa and Weaver Creek). I have not looked in details at the proposed processes of Maxam so I really cannot comment. My comment on the ion exchange process was based from my general knowledge of extractive ion exchange processes used in the pharmaceutical industry, and there the end product goes for close to $100 or much more per gram rather than the about $10 gram that gold goes for. I have some other problems with Maxam claims and major problems with CHIP but I would rather discuss these in private e-mails than on the public forum. You can e-mail me if you are interested. Zeev