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

To: Richard Mazzarella who wrote (6053)	6/1/1998 3:57:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 14226

Richard, more efficient might not be "more cost effective". I think that Jensen is talking about the long lag time that electrowinning takes, the efficiency of extraction of goodies altogether. Remember, if you would look at last years posting, Jensen was saying that each tons contains at least $2500 of goodies. Russell was talking about much higher numbers. I think that the leaching following the catalytic precipitation leaves behind a lot of stuff locked in quartz particles and not extractable by this method. It might still be profitable. And if it is, let us run with it and start some cash flow rolling. Right now, I have not the slightest idea if it is profitable or not. My first cut estimate is so so. Zeev