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: JACK R. SMITH JR. who wrote (8820)	12/15/1998 12:04:00 PM
From: Ed Fishbaine	Read Replies (4) \| Respond to of 14226

Jack Are you as surprised as I am that there has not been more response on this thread to the update from McKay yesterday? Despite the glitches at the mill they still managed to leach and precipitate 50 tons in two weeks. Now McKay is going ahead with running some material through the resin columns. The way he works he would not be proceeding unless he felt pretty confident that he will generate a good return. What the market apparently cannot seem to grasp, IMO, is that the prior failures were not system failures but competency failures. We still have competence problems, witness the 500 pounds dumped inaccurately as an example. I am willing to bet that there are other competency issues. But despite this McKay is making progress although not at the speed with which he would be satisfied --- so far. The speculative appeal of these shares is improving. One more point: the short sentence about the Oro Grande is to me significant because it is equivalent to assaying drill cores. If PT and AU are dissolved in the water it is a demonstration that these values exist in the rock. And you can bet that they exist in some huge, but as yet undetermined ratio, to their concentration in the water. Regards, Ed