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


To: Ed Fishbaine who wrote (7225)9/7/1998 8:44:00 PM
From: Chuca Marsh  Respond to of 14226
 
<<<.. all informed investors know that its primarily a pgm producer. Your comparisons of Global with Stillwater are inept....>> Ed this might be Bob H who tourred the Maxam AGM and ate lunch with me. He called up and left a message on my answerring macine ...something like ( am NOT quoting)...as to resin colume leaching...cold extraction he called it...Bob says.." I just called Stillwaters head Chemist Guy and he said ONLY HOT EXTRACTION will accomp[lish the task...so I suggest that you re think the resin colums!"
I know that cold leaching at the GPGI resins follows the HOT methods, so, Gippy has a dual working system. I see a verification here, in the Chem Guy at THIS STILLWATER..in fact verifing the process from a take a step backwards and think different ( ala Apple Thoughts ) and thus the Einsteins at Global...seem like they in fact...cracked the Economic Extraction NUT. Bob, please verrify this recording, thank you. Think abstract and wonder if a detailed call to stillwater just might shake them up. If they realized that they just had to go one more stand resin step...forward to bring DOWN EXTRACTION costs...they just might be all EARS ! All ears, instead of ...all ass. ( ASSume that it will not work here at the hassey...makes an ass of you, me, them...and the Blues Brothers....Laser, Mellowfella ( mello said he was Bob), and Mr Arrick. Do go; buy a consonant.
Chucaupt2 ( resins...3)



To: Ed Fishbaine who wrote (7225)9/7/1998 11:44:00 PM
From: Laser  Read Replies (2) | Respond to of 14226
 
Ed,

Before I answer your question,there is something I'd
like to clarify. I have just about had it with the
cheap shots on this thread. If you gentlemen want a
pissing match, then I will gladly give you one, just
say the word. I have tried to mind my manners, but
enough is enough.
Anyway, here is were I get my number from:

June 25/98 release



(10 -tons / day (15-tons / day
= 216 ton / month) = 324 ton / month)

Metal value $218,181 $327,272
Chemical cost <50,112> <75,168>
Fixed overhead <43,000> <64,500>
Profit before refining fees $125,069 $187,604


From this I extrapolate chemical costs @ $232/T and fixed
mill costs of $199/T

From the July 14/98 release:

. Global estimates, from the proposal, that refining
fees will approximate $200 per ton of ore.


Therefore, adding the chemical, fixed mill, and
refining costs,respectively we get:
$232 + $199 + $200= $631 per ton cash costs.
I was out $1.00, I apologize. Did I miss something?