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

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To: Jafco who wrote (11337)9/14/1999 9:16:00 PM
From: JACK R. SMITH JR.  Read Replies (2) of 14226
 
Jafco,

Interesting that Les Reid is recommending the stock. To his credit, I do remember his sell recommendation at around the 2.75 -3.00 area. That was on the mark.

My beef here is that Les Reid is coming out with a "buy" based on "inside information" not yet communicated to the general public, nor to current shareholders. Folks, I have been there before!

If the "Onion peeling--credit Zeev" is over, then let us all know at the same time or close to it!

For what it is worth, I have a letter addressed to me from Les Reid with a personal note that my shares are worth $4500.00 based on value in ground. That was before the 5:1 reverse split!

Perhaps Les is right in this case, but he has been wrong in the past. At least to date.

I do give him credit for his sell recommendation, but that could have been as a result of a "falling out" with current management which seems to have been rectified.

I wish to question why the company is not relating the "good news" to its shareholders, but to "secret" contacts!

I am a bit puzzled by the addition of an "inquart" to the "leaching process". Perhaps I simply do not understand. I understand the use of "inquarts" in assay procedures, but not to "leaching" processes.

Perhaps Zeev or some other august authority could explain the logic to me?

Puzzled, Jack!!
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