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

To: Chuca Marsh who wrote (5560)	4/1/1998 1:59:00 PM
From: Bob Walsh	Read Replies (1) \| Respond to of 14226

To all - observations: - various investors and potential investors have previously asked for a COC on the enhanced ore (big pile)at Hassayampa in order to validate the existance of PGMs. - a COC has been done and shows that considerable (bonanza) PGMs per ton are present in the enhanced ore - using standard methods. - IMHO using a COC would have little to do with determining the validity of the proprietary method of extracting the PGMs from the ore. If you attempt to do a COC using GPGI's proprietary methods you probably would gain little since it is done in a laboratory environment with small quantities instead of a production environment with large quantities. - Twiford has claimed that he has extracted high quantities of PGMs using his proprietary method. While I believe him, that is unimportant. The problem is, and has been, in scaling the proprietary method up from the lab to production. Until AuRIC (or another refiner) provides a stream of monthly payments to GPGI for dore bars or sludge the question about the validity of the proprietary method will remain. You only achieve progress a step at a time. GPGI is still stepping forward. Regards, Bob