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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 (4826)1/22/1998 11:00:00 PM
From: Chuca Marsh  Respond to of 14226
 
Jack, Take a look at the 100,000,000 tons estimated for Weaver Creek, I think that is a tad light. there are like 4 half grids there and 4 full -640 acre sections so that would be 6 square miles. That is about 9 square kilometers which as I remember at IPM, were estimated at different times from 20,000,000 ish tons to 100,000,000 tons of head ore to 100 feet PER SECTION of ONE Square Kilometer!. That compare favorably at the 6 expanded to 9 square kilometer grids over there. I can estimate with drills and other data, a seat of the pants number of 9 (sq km) X 25,000,000 for estimate at a 100 ft depth to yield 175,000,000 at that depth, or double at double or infact triple at triple and 4 miles south is the Oro Grande Mine and that is what, 700 feet deep? So going to Quadraple my numbers will be acceptable and feaseable WHEN a Feasability study is started. And that left out TALK on Oro Grande Mine! Never mind, Never Never Mind. Soon a mine!
Chuca



To: JACK R. SMITH JR. who wrote (4826)1/22/1998 11:12:00 PM
From: SnakeInATuxedo  Read Replies (1) | Respond to of 14226
 
I'm not sure I understand how we're disagreeing, Mr. Smith, or about what. I'm as delighted they're on the brink of establishing a regular cash flow as you. I'm not advocating putting a halt to everything while they establish this "co-operative competition" amongst their refiners, I'm saying they should implement this as soon as feasible while they're doing what they're already doing, i.e. sending leachate, slime, adode mud, d'ore, bacon grease, grass clippings, and whatever else to the current bunch of refiners. I'm saying that a healthy, "co-operative competition" amongst those refiners to find all the now-mysterious ways to get every last ounce of "goodies" out of "the stuff" is going to benefit everybody... GPGI, the other DD's, the refiners... everybody... because this isn't some zero-sum game here. This pie is enormous, and I still don't think it's sunk in on quite a few just how enormous. They're going to be digging these piles and sending dividend cheques to our great-grandchildren.



To: JACK R. SMITH JR. who wrote (4826)1/23/1998 12:47:00 PM
From: Lee Bush  Read Replies (2) | Respond to of 14226
 
Jack: Well, possum up a gum tree, run, run, run. Pull out the 'cordian, I'll tune my fiddle and we will dance to the tune of the Platinum Stomp!

On a more serious note, can you work your way through Ed's figures and present your best estimate of the head ore value, etc.?

Thanks,
Lee