Global Platinum & Gold (GPGI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

GPGI 23.57

-2.9%

Jan 30 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bruce A. Thompson who wrote (11831)	10/20/1999 10:21:00 AM
From: Bob Walsh	Read Replies (3) of 14226

Observations/questions: Zeev's posts appear to increase whenever there is a price decline. Price started declining 3 days after last news release. Was Zeev's projection of a sub $0.10 price a self fulfilling prophesy? Estimated float as of 5/25/99 was 12-14 million shares; in past 30 days 8.6 million shares traded (61% to 71% turnover). As of 5/25/99 there were 30+ million shares outstanding. If there were 35 million shares today the market cap of GPGI would be $2.38 million. Is Oro Grande alone not worth more? Was yesterdays sharp decline in GPGI due mainly to liquidation's following margin calls due to overall market decline or is GPGI on the threshold of success and the price was manipulated lower? At a price below $0.10 why would long term holders bother to sell? Who is doing the selling? The only reported insider sales for the past 6 months was a planned sale of 1,000 shares. Is there a short syndicate at work here? Is there a group or company trying to take over GPGI and manipulating the price lower and lower? At the recent low prices for GPGI it would not take much money to manipulate the price given the understandable reluctance of many/most existing shareholders to support the price by buying more. If GPGI were very successful there are many individuals, institutions, companies and governments that could be negatively impacted due to supply of precious metals increasing with resultant decline in prices. The principal problem with the price declining is the probable negative impact it may have on GPGI's ability to fund ongoing as well as expansion efforts. Regards, Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next