InvestorsHub Logo
Followers 0
Posts 165
Boards Moderated 0
Alias Born 12/10/2011

Re: ficose post# 60428

Monday, 01/14/2013 11:50:03 AM

Monday, January 14, 2013 11:50:03 AM

Post# of 67010
Sorry, when you said refinery I was thinking oil. I was going to use that as an example for milling when I replied to you.

Anyway, we use to send a sponge, which is the gold and silver left after amalgamating. Usually contained about 1,500 ozs gold to Johnson Matthey in SLC for procesing. They would charge around $30 per ounce to process and would sell the product. Normal back and forth assays regarding the gold/silver content until both companies agree and then they smelt the product to 9999.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.