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


To: Tim Hall who wrote (8333)11/9/1998 12:32:00 PM
From: Richard Mazzarella  Read Replies (2) | Respond to of 14226
 
Tim, <<pile is 500,000 tons>> Ed suggests that weight is conservative and could be much larger. I have heard a number of comments on this thread about the "apparent" homogeneity from consultant assays and internal company work, but who really knows without a COC statistical sampling program. From the stand point of cost, the screened ore pile is probably a lower cost source than head ore anyway. The company also controls enormous acreage, I believe the source of the ore pile. The neat thing about an investment here is that in due time the stock will be potentially worth either zero or $50+/share. Not bad for speculative investing with mad money IMO. Shorts better cover. <VBG>