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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: SnakeInATuxedo who wrote (5972)5/18/1998 9:47:00 PM
From: JACK R. SMITH JR.  Read Replies (2) of 14226
 
Mr. Perkins,

What a screwed up idea! Frankly, I like it, and frankly, I think you have chosen two good companies.

As you know, I am a proponent of the DD concept and have been for a long time. My financial rewards are either non existent, or in the future.

One thing that I wish not to hear is any further bullshit from any of them. The time has passed for that and any future credibility will be based upon actual production and not "future promise"! That is simply my humble opinion! Please, let all excuse me if I repeat what I have repeated many times before. Prove thyselves through thy production of profit!!!!!!!!!!!!!!

I am so elated by my present investment in this area that I comment with great, great difficulty. It is a painful subject for me. I feel like the greatest fool in history for even thinking about investing here and I just do not want to talk about it any more. I have pissed off Jensen and his croud and fortunately, that is my only investment in this area. They look like an absolut scam here, and that is not true in my estimation, but I could be wrong. This will take time to play out, and I could be wrong.

I have it from good sources that they have good ore, and that the problem is them, and not the refiners. They need to get their act together, and quit blaming the refiners!! Ok, I have said my thing, and none of them will ever talk to me again. Frankly, I do not care!!

I have not sold the damn stock yet, but I am real tired here and may just cut the loss here, I do not know! Bottom is a bad time to sell, and I know that!!

On a broader scale, I can tell you that some interesting things are happening!

U.S. Dollar at a 13 year high against the Japanese Yen!, I would be looking to buy the Yen in spite of the present news and fade the dollar!

Just the way I think!!

Australian dollar at a low due to Indonesian involvement--I like it!
Silver, at a low, I like it!! Heating oil,--Like that, too--Copper--bottom fell out--Watch--!!!!!!!!!

I suppose what I am saying is for investors to truly doubt the news and watch what happens after the news. Perhaps it is buy on bad news and sell on good! I am a contrarian, and will never be anything else. Perhaps not successful, but that is what I am and what I will always be, and now, you know me for what I am and will always be!!!!

Skeptical, contrarian, Jack!!!
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