Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Larry Brubaker who wrote (5585)	4/2/1998 12:40:00 AM
From: Joe Champion	Read Replies (2) \| Respond to of 14226

I'm not trying to rain on the Parade.... To start, for five years I have maintained a great respect for GPGI's Wayne Palmer including his knowledge and efforts. Wayne is one of the true pioneers in the field dealing with esoteric ores. He is well received by some of the most respected metallurgists in the field including South Africa's own Brian Russell. However, AuRIC is another matter. I have had the opportunity to communicate with the staff of AuRIC for about two years. They are highly trained in certain areas. They are specialists in the area of "complex ore assays." Having said this, they are far from competent in any commercial recovery of complex ores. What you have today is numerous laboratories that have the ability to reclaim, convert or transmute (choose the phrase that is the most palatable) ores samples in assay quantities that will not withstand conventional assay and recovery procedures. At this time, none of these facilities have crossed the line to commercial production. This is not to say that someone will not unravel the complex ore mystery of Pandora's Box, but as of today, everyone appears to be waiting. As my little fledgling group attempts to grow, we can only producing an average of six ounces of gold a day and sell to a Dallas refinery at $150.00 an ounce. This affords us a reasonable margin of $130.00 an ounce. We are fortunate for we do not have to convert complex ores. Joe Champion transmutation.com