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

To: Chuca Marsh who wrote (8043)10/21/1998 5:18:00 PM
From: Tim Hall  Read Replies (2) | Respond to of 14226
 
Chuca,

They said 15 tons per day. I assumed that each of the steps would take about one day, disolve, precipitate, smelt, leach, resinate. So on day 2 when they are precipitating the first 15 tons they could be disolving the second 15 tons and son and so forth. If they could only run 15 tons per week, why did they say 15 tons per day?

Tim



To: Chuca Marsh who wrote (8043)10/21/1998 7:15:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 14226
 
Chuca, forget the Chuca-decimals see: exchange2000.com .

That says one ton of screened ore yields ~$1000. The price of gold is <$300/oz. (($1000/ton)/$300/oz = 3.33 oz/ton (3.33 OPT). Does it get any simpler?


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