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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 (6782)	7/18/1998 9:15:00 AM
From: Bob Walsh	Read Replies (1) \| Respond to of 14226

Jack, I didn't mean to give the impression that I disagreed with you - which I do not (at least with regards to the resins - VBG). I just wanted to point out that their present process did not reuse the resins. Regards, Bob

To: JACK R. SMITH JR. who wrote (6782)	7/18/1998 7:24:00 PM
From: GlobalMarine	Read Replies (1) \| Respond to of 14226

Jack: For a beginning mining company, shipping off loaded resin beads is superior to eluding them for the following reasons, IMO: 1) Capital cost associated with setting up an elution facility. GPGI doesn't have the money for this. 2) Security is a problem, because someone could run off with the gold that has been eluded off the beads. 3) The resin beads aren't cheap but they aren't expensive either. 4) It's just one less thing to worry about if you simply ship the beads to a refiner and let them deal with it. For the above reasons, Dale Runyon of Maxam says he's just going to ship the loaded beads off to a refiner. At least he's doing that part right. Rand