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


To: d:oug who wrote (8060)10/22/1998 5:00:00 PM
From: Ed Fishbaine  Read Replies (5) | Respond to of 14226
 
to all:

All the confusion on the thread since the last news release only illustrates the inadequacy of communication from the company.Whose fault is this? You tell me!

What is needed is complete accurate communication with the good and the bad and when proprietary information has to be withheld let it be stated as such.

To add my little bit to the general confusion, the information I have received, and which I will not swear to as accurate is that shipments 1 and 2 used 4 tons of ore ( not 10 tons)for a total of 8 tons. The problem was with the limited capacity of the resin columns

The following are official numbers I received from the company: total settlement for gold was 1.26 oz, platinum 1.44 oz and palladium 1.59 oz for a total of 4.29 oz. Adding 3.77 oz for rhodium ( based on a check received from Sabin for $2,260 ( this after their take) the total recovered was 8.06 oz. Dividing by 8 tons gives a recovery of approximately 1 oz per ton of ore.

Regarding shipments 3 & 4 the inquart did not come back. This means, to me, that there was a fluke or a fault in the whole procedure and it should be ignored. I do not know if the inquart failed to be returned in 5&6.. By the time 5&6 were received I was well on my way to Hades as persona non grata.

It is pointless to debate the various and contradictory and inconsistent reporting. McKay is here to end all this nonsense and professionalize the company win lose or draw. I repeat myself: that's why he is insisting on complete, accurate, detailed systematic and precise records.

God bless all you clergy who debate the number of angels on the head of a pin.

Ed