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

To: Scott Wheeler who wrote (4687)	1/8/1998 6:10:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 14226

Scott, I got some unsolicited mail from you, I am waiting for the police to check it first (G). As for back of the envelop, it did not say if those where copper dore in which there has been a concentration process, or if these are simply the copper directly from the smelting proces. If the latter, than it is no big deal. If the former, that could mean quite a lot. I figure that with the current furnaces they have they should be able to process at least a ton a day, and if they have expanded their electrowinning process capacity to process all the copper from the smelter (and why else would they increase furnace capacity?), then I would say that they should be able to generate $50,000 per month if they work day in day out. That should, IMHO, get them beyond break even. Now, the question is of course, do I understand this news release correctly? I was still under the impression that the bottle neck is electrowinning, not smelting. So why add smelter? Unless, of course they are using Twifford's precipitates as raw material for smelting (and producing those copper dor‚'s). Now, if that is the case, than my number should be much larger and this company is finally moving. Can anyone translate the release so I can use the back of my envelope a little more efficiently? Zeev PS, it has been sometime since I have posted such a positive post, I'd better go check what is wrong with my turnips.

To: Scott Wheeler who wrote (4687)	1/8/1998 6:22:00 PM
From: Chuca Marsh	Read Replies (2) \| Respond to of 14226

Scott, Fact: We are getting up to a respectable level that I forcasted at $25,000 ( Consolidated Noble Notwithstanding!~!) So, the other thing to add about Zeev's recent GOLD cautions...is Platinum!! Remember the Chucaupt2...is as good here as anywhere! Or 2 times Platinums than gold! I always think positive, and sometimes; It Works! Chuca P.S.- Zeev, I just saw your question, I think alot of things are changing. I have to add as an IPM er, and Mike Wendel Fan, that I believe it was post 399, 400, and 401 on the New Age of Refining thread that will mention Auric Metals more fully...change in steps...multi may be reduced, don't quote me. Auric was the SFA guys at IPM at AGM time who split with IPM because of some X factor! That X Factor may or not be important here, I have no clue. Cooperation of TECHNOLOGY is either here or is being covered up by some intriguing possibilities! Pooled Tallents...defacto Cooperation, not forced...or is the Association Of Interests, common and Explicite seem to be doing just that. Friendship becomes Consolidated Noble, Auric with GPGI as a Refiner instead of a different Function at IPM, what is all this mean? Positive for GPGI.