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

To: Richard Mazzarella who wrote (7637)	9/27/1998 10:32:00 AM
From: Gary S	Read Replies (3) \| Respond to of 14226

Richard, <<Therefore "darker resin" doesn't necessarily mean greater PGM loading?>> I believe that the original "darker resin" comment was made with reference to the 5th or 6th shipment to Sabin. The most recent report from Dennis refers to the 3rd/4th shipments. Therefore, your conclusion is at best premature and at worst incorrect . Let's wait and see what happens.

To: Richard Mazzarella who wrote (7637)	9/27/1998 1:48:00 PM
From: Ed Fishbaine	Read Replies (1) \| Respond to of 14226

Richard. They cant correlate recovery with head ore because they have not kept adequate records. Also, the fact that their recoveries are unreliable, as we have been discussing, means there is no way they can extrapolate back to head ore. Also, the inadequacy of procedures at the mill, as I understand it, involve using material from various sources mixed together such as the stuff sent back from Noble Metals along with original head ore. I assume that when they measure and record what quantity of head ore goes through the processing and emerges at the end as a given quantity of pgms, extrapolation should be simple. Whatever variations develop due to inevitable irregularities in the processing procedure should be able to be easily handled by statistical means after a few results ( or many, depending) are in. The statistical methods required do not involve elaborate mathematics IMO. Any comments? Regards, Ed