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

To: Zeev Hed who wrote (7844)	10/9/1998 1:03:00 PM
From: Bob Walsh	Read Replies (1) \| Respond to of 14226

Zeev, you say: "... can be positive cash flow at 50 tons/day ... so he has a chance of achieving that goal (once .... and we indeed get at least $1000/ton of goodies). I believe that you have put an unnecessary qualifier of $1000 per ton into the equation. If they achieve a positive cash flow along with a profit at 50 tons per day then the amount per ton need not be $1000. Since they have previously stated that the recovery was somewhat less than $1000 per ton, you are setting them up to call them a failure (look they missed the magic $1000 per ton) even though they are successful (positive cash flow at 50 tons per day). Regards, Bob