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

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To: Ed Fishbaine who wrote (11434)9/20/1999 9:52:00 PM
From: JACK R. SMITH JR.  Read Replies (1) of 14226
 
Ed,

I understand Jensen, and I understand his problems here.

I have no axe to grind with Jensen other than that he has not properly performed his fiduciary responsibility to the shareholders of this public company. Jensen seems to think that the company is in being for his personal benefit, and that simply is in error. The company is in being for the benefit of its shareholders. The sooner he realizes that and acts accordingly, the better the company will be.

Without making actionable accusations, just let me say that the company management has poofed "unofficial" information to the maximum and made "extremely bungling public statements ad nauseum". The company has no public credibility, and simply hangs on by its seemingly decetiful activity.

Frankly, If they got the chairman of the Federal Reserve to puff the stock, I would not buy it without concrete proof of valid refiner receipts. Excuse me, but since the process is solved, why can we not have what would make Jack, the GPGI crumudgeon extremely happy.

Buy the way, what do you know about Jensen's efforts to get the company in full compliance with current reporting rules?

Whe will we be relegated to the "pink sheets" due to the incompetence of our President?

I understand Jensen's concern, but there is only one way out for him and that is through performing for his shareholders!

That includes the large and the small.

Credibility through production, profit, production, profit--actually very simple now that the process is solved!

Let it happen in spades, Jack!!
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