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

GPGI 24.26

+1.0%

Jan 29 3:59 PM EST

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To: Zeev Hed who wrote (11180)	8/12/1999 8:22:00 PM
From: Jeff Williams	Read Replies (1) of 14226

Zeev: I am also of the understanding that the Oro Grande is not homogeniously mineralized, unlike Weaver Creek and Hassayampa which are both alluvial. The OG shows visible metal in the form of flecks and needles as I recall from the Thomas Report. There are also lodes which were previously mined. I also remember that the INCO geologist surmised that the OG was some sort of "motherlode." I don't think this was expressed in writing, but rather orally to Dick Jensen. He thought there was a strong likelihood of a mineralized strata of almost pure PGM's down at the 1500' level. These may not be the exact geologic terms, but I think the meaning is correct as I am interpreting it. Perhaps you or Ed Fishbaine can correct me on this, as you both have done so judiciously and without rancor several times in the past. Question for the forum... How many times is a publicly traded company allowed to begin production and still not make any money??? (There ought to be some really good answers to this from the SI crowd. <vbg>) Regards, Jeff

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