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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 24.99+0.6%Feb 11 3:59 PM EST
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To: Richard Mazzarella who wrote (11962)10/23/1999 12:03:00 PM
From: Ed Fishbaine  Read Replies (3) of 14226
 
Richard

We are all like the blind men describing an elephant. One calls it a snake when he holds the tail and other a tree when he holds a leg etc.

Pure speculation might have it that since Jensen started years ago with some significant connections in Belgium, he might have gone back to these people pledging his restricted shares for cash. These people are very well heeled. With developments in Maxam and certainly in Birch Mountain there may be some long shot players looking for a killing with their speculative money. Without question the desert sands are really heating up and Jensen, who is the world's lousiest manager, is yet a survivor ( this may be from training in the 1930s depression).

Actually I am surprised that with Maxam at 12 cents it is not being bought if my theory about the Belgiums is right. Except that they know Jensen and GPGI and are yet to expand to other desert dirts.

Please realize that this is all dreamwork on my part. But should there be heavy dilution here in order to raise money, I am in agreement that with the potential, should GPGI succeed, the reward will still be great even for holders at the $2 level. If I knew that Jensen was the seller I would be buyer once again.



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