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

To: Alan Vennix who wrote (9750)	3/16/1999 7:56:00 PM
From: dvid	Respond to of 14226

It would be interesting to know what the sample size was in each case. I kind of doubt that it was a ton each. Anybody care to comment on the sample size? It might also explain why it takes so long to do a test if it is a large quantity used in each sample. Doug

To: Alan Vennix who wrote (9750)	3/16/1999 8:57:00 PM
From: Lee Bush	Read Replies (1) \| Respond to of 14226

Alan: I believe this just means that they are using ore from the pile previously screened to obtain gravel for the Highway Dept. They have enough of that to last quite a while. Lee

To: Alan Vennix who wrote (9750)	3/17/1999 8:45:00 AM
From: Bob Walsh	Read Replies (2) \| Respond to of 14226

Alan, I just used the results set out in the two releases from Mike and put them in a spreadsheet. Mike had indicated that they were samples from screened head ore so the ounces listed are per ton of screened head ore. Mike indicated from his first post listing results that they were based on various ores (read from three locations, not just the hassy pile) using different process methods. The following is my spreadsheet: Ounces recovered per ton screened head ore Market Test # Plat Gold Rhodium Pallad Total Value $360 $290 $875 $350 oz. 1 9.57 2.13 4.18 2.92 18.8 $8,742 2 7.55 4.5 3.23 2.67 17.95 $7,784 3 8.47 10.26 8.07 7.23 34.03 $15,616 4 3.99 4.29 2.89 1.83 13 $5,850 5 2.44 4.84 1.92 1.2 10.4 $4,382 6 5.64 5.9 2.51 1.73 15.78 $6,543 7 3.52 2.91 2.1 2.48 11.01 $4,817 8 4.99 5.42 2.49 2.65 15.55 $6,474 9 3.68 2.87 1.93 1.35 9.83 $4,318 10 4.87 2.6 3.25 5.19 15.91 $7,167 11 3.56 2.96 2.67 3.66 12.85 $5,757 12 4.72 3.2 4.17 6.12 18.21 $8,418 13 3.58 1.91 0 0.35 5.84 $1,965 14 0.2 1.69 0 1.7 3.59 $1,157 15 7.59 1.77 0.51 4.37 14.24 $5,221 16 3.64 2.02 0.16 1.21 7.03 $2,460 17 8.27 2.8 0 3.23 14.3 $4,920 18 2.76 2.96 2.19 0 7.91 $3,768 19 2.68 2.82 1.68 1.82 9 $3,890 20 1.83 1.77 0.88 0.54 5.02 $2,131 21 5.44 2.51 4.95 5.44 18.34 $8,922 22 4.19 2.66 2.97 3.58 13.4 $6,132 23 4.83 1.45 0 1.12 7.4 $2,551 Avg 4.70 3.31 2.29 2.711 3.02 $5,608