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

To: JACK R. SMITH JR. who wrote (4471)	12/13/1997 11:06:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 14226

Electric Jack, careful there with cheap electricity or you'll get our firends on the IPMCF thread think it is cost effective to smelt and electrowin .03 oz/ton. In smelting you use almost the same wiieght of copper as the ores (give ot take 30%), you may need to electrowin some 1500 pounds of copper to process a ton of ores (unless you preconcentrate the goodies), and that can cost you a pretty $500 if the electrowinning process cost about $.5 per pound. Now, when you got about $2500 plus goodies, whatnis a mere $500, but when all you got is less than $100 bucks of goodies, "you is in troubles". And for those that complained that the stock did not reach the low 1 (under 1.25) just a weak ago, you got you wish this week, and I your humble servitor am still watching. Not jumping. Zeev