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

To: O. H. Rundell who wrote (28744)	11/30/1997 6:15:00 PM
From: Alan Vennix	Respond to of 35569

From IPM's PR as per your post: <<The plant has a capacity of 20-kg/hour and can process up to 300-kg of ore per day in continuous mode. IPM's operation of the plant will allow the company to optimize the recovery process and produce concentrate samples for product testing by domestic and offshore refiners. Additionally, the recovery of precious metals from larger sample sizes inherently produces more reliable results than assays of standard 30-gram ( 0.03-kg ) samples.>> Good point, O. H. When we were on the tour after the AGM, the facility certainly didn't look like it was capable of continuous operation. It had been modified by Lyco over the previous 2 months, presumably to increase the ability to recover PGM's, and appeared to be a combination of glass and plastic. It was being operated by two technicians, one of whom was from Lyco, and their explanation of what was happenning made it sound like a batch operation. But, that's just supposition on my part - as was most of my prior post. Just looking for alternatives to consider. Alan