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


To: Ed Fishbaine who wrote (8001)10/20/1998 7:23:00 PM
From: Richard Mazzarella  Read Replies (3) | Respond to of 14226
 
Ed, Jensen did say in the letter <<We appreciate, need, and ask for your continued support as shareholders.>>. I want to be as positive as possible, but the letter suggests that the company doesn't have the necessary tools or understanding to do the assays required during production. Does GPGI have an AA machine? After the leach, the wet chemistry assay should be very easy to follow IMO. The first test is the quantify precious metals in the leach. That knowledge would answer the ore pile homogeneity question. Maybe someone convinced themselves that dark resin was a proxy for precious metals and then took shortcuts. There is still a lot we need to know, but early assays of the ore pile were somewhat consistent with the first 2 recovery tests. I speculate that the problem is just an issue of chemistry, not ore.