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


To: Ed Fishbaine who wrote (6315)6/24/1998 2:08:00 PM
From: Richard Mazzarella  Read Replies (3) | Respond to of 14226
 
Ed, I'm confused. What is the ratio of screened ore to head ore?



To: Ed Fishbaine who wrote (6315)6/24/1998 3:06:00 PM
From: Bill Jackson  Read Replies (1) | Respond to of 14226
 
Why not run it and make $7500 a day clear profit for 100 days=750,000
which should allow them to bootstrap quite well to the hundred tona day stage in a year. Patient slow and sure will do it. After all the stuff goes nowhere and their process is efficient so forget the fund raise. Bootstarp and keep it all.

Bill



To: Ed Fishbaine who wrote (6315)6/24/1998 4:19:00 PM
From: Zeev Hed  Read Replies (4) | Respond to of 14226
 
Ed, this news release is extremely confusing. First what are "Inquarts", it is not in my dictionary, but from prior discussions it must be a special existentialist term describing the doping back of the melt with the precious metals one is trying to get, presumably to seed the melt? I would appreciate an explanation.

I take it that a ton is the simple 2000 pounds and that the 18 pounds are already the pellets of copper containing the goodies. Is that a correct interpretation?

If that is a correct interpretation than I am quite at a loss understanding the "newtech". Last time, the new precipitation process gave us 1/6 (roughly) of the mass of the head ore or about 350 lbs of precipitates which needs to be smelted with about 300 lbs of copper. (that would be more in line with your reported $232 per ton of head ore of chemicals, the majority of which should be copper. Are you sure about this 18 lbs?

Zeev