SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (8138)10/28/1998 2:01:00 PM
From: Geoffrey J. Hay  Respond to of 14226
 
PMG FINDING THOUGHTS FROM THE FRINGE:

Imaging Spectroscopy: Find gold from the air... URL:http://www.greatbasin.net/~eppin/index.html
This sort of thing has been done for a while. I figure with some AVIRIS URL:http://makalu.jpl.nasa.gov/aviris.html or CASI imagery URL:http://www.borstad.com/mineral.html, and access to the free spectral libraries at the USGS URL:http://speclab.cr.usgs.gov that GPGI and MXAM should get some cash together and get these guys to a) either fly their respective areas and for a few extra shares, I'll do all the analysis producing for them surficial mineralization maps, or b) see if AVIRIS data already exists. Download it for free, find the spectroscopy signatures of PGMs from the data base, and do some spectral-unmixing in ENVI URL: rsinc.com..

To me, if we have surficial deposits, why not use tools capable of detecting this stuff. Forget the fire-assays...go spectral baby!!

Thoughts from the fringe...

igo...



To: Zeev Hed who wrote (8138)10/28/1998 8:12:00 PM
From: d:oug  Respond to of 14226
 
Zeev, I did a cut and paste of your reply and hopefully its accurate.

<<< by observing the stock's technical action of IPMCF, I (Zeev) were
able to warn of impending troubles well before black Friday. >>>

Yes, your were very correct in your advice based on the technical
information that you saw. I have to admit tho that if I was one of
those ipmcf shareholders with the "dream of riches from Black Rock",
that my desire to "ride this to completion" would have been too strong
a force in me to accept any information not predicting success.

Jay Taylor's public weekly update has two items:

(1) Naxos, to dump. Got gold but bad managers.

(2) TTIAF, Thermo Tech, which may have a good produce, but may also
have a person in the company scamming investors. One of the thread
posters there thanked you for your past advice to get out when you
saw trouble there, and ofcourse those who did not take your advice
wish they did. You are able and willing to take the heat for your
posts, and based on other SI posters, on the top for being right more
time than others.

To me, until GPGI lets shareholders oversee their current events,
then bad management can sink a company the same way as a scam company
can. I'll guess that if GPGI's technical results (no secrets) were
public on an official web site months ago, those like you and Richard
and others would have identified unofficially to GPGI a possible
problem. The hic-up could have been avoided.

<<<<< The truth is that the current action of GPGI does not instill
any confidence at this point either,
and thus extreme caution should be exercised, IMHO. Zeev >>>>>

I agree. Even if the dirt contains precious metals that can be
mined at a profit, if the person in charge controls too much in
a bad way, and employees cannot do the job they are trained for,
then <<< extreme caution should be exercised >>> until this aspect
of GPGI is knowned to exist or not.

Doug