Global Platinum & Gold (GPGI) Message Board

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

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To: Dennis DeNoble who wrote (8342)	11/9/1998 3:29:00 PM
From: Richard Mazzarella	of 14226

Dennis, assuming that the ore pile is homogeneous and GPGI can get ~10 oz/ton, fair value for the stock, metal in the ground, is $2.27/share for a conservative $10/oz and $6.82/share for $30/oz. That's just for the ore pile! Shorts better cover. <VBG>

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