Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Ed Fishbaine who wrote (8772)	12/10/1998 5:05:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 14226

Ed, <<Please clarify>> OPT screened ore are the number of ounces gold equivalent in one ton of screened ore. OPT precipitate are the number of ounces gold equivalent in one ton of precipitate. My point being that the precipitate may be an extremely high PGM and gold concentrate with sufficient value to sell to others for further processing. I wonder if the company has ever explored that opportunity? They would then already have almost all their problems solved. I'm not sure I want them wasting anymore time working to solve what others have already reduced to practice. I would rather see profit now and then see that profit advancing property development. They can dick around playing chemist and refiner later when the price of the stock is $30+/share. They may even have a line of PGM miners begging to JV for that privilege. Seems that the shorts better cover. <VBG>

To: Ed Fishbaine who wrote (8772)	12/11/1998 1:11:00 AM
From: Carlton E. Wheeler	Read Replies (1) \| Respond to of 14226

Ed, When I visited GPGI's operation a year ago last June, I was told that sale of the precipitate to ultimate users was what they had in mind. As it was put to me, why process all the way to metal and then sell it to someone who would redissolve it? I see a problem with this in that end users would want a product containing not a mixture of metals, Pd, Pt, Os, Ru, etc., but separated elements. If, however, a buyer could be found who has the ability to do the separations without going to the metal it could be a viable route. It could mean selling the output at a lower price but at a reduced cost to produce. It could make sense. Carl Wheeler