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


To: go4it who wrote (28702)11/29/1997 6:00:00 PM
From: Chuca Marsh  Read Replies (2) | Respond to of 35569
 
This is the closest thing to it, but it does not say that the recovery is UNECONOMIC and further it says that the calculating of the resourse can not be used with this FA method so that could mean TWO THINGS, again..1)- that we will get more than our wildest dreams or 2)- that this SF process will be FURTHER IMPROVED so as to get MORE THAN WE EXPECT. There is no reason to think -basic logic- that we would get LESS THAN the Bateman (and now B-D) Modified Fire Assay of the .03-.04 respectively or the High of .08 to a low of .02 irrespectively:
<<...company will continue its scientific work in this area
to increase the efficiency and accuracy of the modified fire assay
procedure.
Bateman Engineering, an international engineering group with its US
headquarters in Denver, Colorado, has confirmed the presence of gold and
platinum at Black Rock using the nominated recovery process in the
independent verification program. However, the process used will most
likely not be used for commercial development of the project. Two samples
were taken from two separate parts of the 1km grid and as such do not
represent a meaningful average for the total grid. These two samples of 20
lb each were collected and tested under chain of custody surveillance of
the independent consultants. Bateman has indicated that this testing should
not be used for the purpose of calculating a resource.>>
StillChucaupt2(verystillandhunting)
P.S.- I went to scout out Ruggles Mine.."The Mine In The Sky" yesterday durring a freak unexpected snowstorm...We drove past the mine a mile and up the hill...7% grade and L stopped on the ice to look at the snowfall inthe middle of the hill..heck we had 4 new tires! So I hammered out the ICED OVER ROAD and we spun a few inches..I took over driving...IN REVERSE ALL THE WAY DOWN THE HILL...half mile plus. Not bad but the mine was close...off season...the brouchure said it had 150 minerals. Opened in 1803 for mica," back in days of the whale oil lamp, when Sam Ruggles not only discovered mica on his land but knew what to do about it. The demand for mica was keen, for use in lamp chimneys and stove windows. " And that Chuck1 is why I am in IPM..for the DEMAND FOR PTATINUM..at double 0.04 or 0.08 MINN -we gots a mine-& I know what to do about it. Nice Mine Brouchure -Ayah...Anyone ever viste the 40 ft tall caverns there carved out over the years!! Someone want to talk about this instead of Military Aircraft..I do I have to tell the story of a C-130 crashing a mile from me where i slept! I am still hear..whatyasay??? ? Here. Right here! (& Ruggles Mine was in Grafton, New Hampshire...no Zeev wasn't there!)



To: go4it who wrote (28702)11/30/1997 1:26:00 AM
From: kimberley  Read Replies (2) | Respond to of 35569
 
Chuck,

I'm in agreement with O.H.'s reply to you... adding that all the other funny stuff happening doesn't lead me to believe everything is kosher over at ipm.

best,
kim