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

To: SnakeInATuxedo who wrote (6863)	7/25/1998 9:58:00 AM
From: Bob Walsh	Read Replies (2) \| Respond to of 14226

CL and all, the check isn't in the mail yet and probably will not be until the end of August. GPGI started the production process of 15 tons per day on July 10th. I am not sure how long the leaching and precipitating process takes, but lets say 5 days excluding Saturday and Sunday - that brings us to July 17 (Fri). Then the processing through the resin columns starts the following Mon. & takes 4 to 5 days - that brings us to July 24th (yesterday) for shipping to Sabin (this is an assumption, I do not know if they have shipped yet). Say Sabin receives the first production shipment next Monday or Tuesday (28th). Sabin then takes 30 days (for all of the metal except for Rhodium which takes much longer for Sabin to refine than the other metals) to send a check covering all of the metals except Rhodium. Thus the check for the first 15 tons of production (minus the Rhodium) probably will not be received until the end of August at the earliest. Regards, Bob