Global Platinum & Gold (GPGI) Message Board

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

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To: goldsheet who wrote (12403)	12/8/1999 4:30:00 PM
From: Ptaskmaster	Read Replies (1) of 14226

Bob: Your Goldsheet Mining Directory site is first class. However it continues to list the Global Platinum and Gold Inc website as gpgi.com but the hotlinks there are stale. The new website is globalplatinum.com and the pink sheet symbol is GPGIE. The new website gives hotlinks to much of the same outdated PGM material. Also included is the claim that 150 acres of ground around the Oro Grande Mine had been "drill tested" with results showing that "proven, probable and possible reserves were worth an estimated in-the-ground value of $81 billion." Assays given in a processed report by a lab associated with a high school in Denver mention: "Sample numbers 85 to 159 are core samples derived from a sampling project by [GPGI] between 1985 and 1986." I am unaware of the published details of this drilling program and the evidence leading to "proven" reserves. Your entry only indicates: "Oro Grande Mine located near Wickenburg, Arizona." This might be somewhat misleading since GPGIE apparently does not mine ore from this old gold mine. The source, concentration and other attributes of the head ore they do process is unclear to me. I presume that you do not usually list the numerous pgm explorers unless and until they have a drilling program with some assayed results showing pgm grades. Some of these mainly Canadian explorers are providing results that you might wish to consider. They are mentioned on the Sudbury Area PGM Play ( #Subject-30629 ) and the PGM ( #Subject-26664 ) boards here in SI. One example is PFN pfncapital.com which has a drilling program in a JV with Amplats amplats.co.za , which you also list goldsheet.simplenet.com . Ptask

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