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


To: Larry Brubaker who wrote (4536)12/20/1997 4:32:00 PM
From: Gary S  Read Replies (1) | Respond to of 14226
 
Larry said: "they have only managed to make two 50 ounce shipments over the last 6 months or so."

That's true. But, it's also true that they haven't been concentrating on sending stuff to Engelhard. Instead, they've been looking at other alternatives. They can produce hundreds of pounds of anode bars per day. If somebody can handle those as is, GREAT! So far, we don't know that anybody other than GPGI can do that. We know Sabin can handle the sludge. That's one stage past the anode bar production. We know that Engelhard can handle the semi-refined metal bar. That's two stages past the anode bars. IMO, we'd prefer to do as little work as necessary. It's a balancing act. I don't pretend to know what the solution is. That's why I suggested that more than one refinery might be used (i.e. send the various types of stuff to different places).