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


To: Zeev Hed who wrote (8023)10/21/1998 11:01:00 AM
From: Tim Hall  Read Replies (1) | Respond to of 14226
 
Zeev,

I thought they were processing 15 tons per day, five days per week in order to come up with one shipment.

From GPGI

<<Additionally, the Company is pleased to announce it has begun leaching and precipitating its ore at a rate of 15 tons per day, 5 days per week, commencing July 10th (5 days ahead of schedule), and expects to add a second 10 hour per day shift within the next two weeks. The resultant precious metals laden material, reduced from 15 tons, will be processed through a series of resin columns. It requires 4 to 5 days to complete the processing through the resin columns. Initially, the Company anticipates shipping 50-75 pounds of pregnant resin to our refiner each week. >>

Tim