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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Scott Wheeler who wrote (13303)8/24/2000 6:34:12 PM
From: jack parker  Read Replies (1) of 14226
 
Scott - howz trix these days? I was lucky enough to have business to do in PNX and simply asked to go by the site. Dick was very open with any questions I asked and said he would call Wayne at Hassy to let him know when I was expected, even gave me the Hassy phone # to confirm when I was ready

Wayne was polite answered all my questions except one which I didn't think he would answer, buy I had to ask anyway.

The COC JV is a split deal where Global will get 1/2 the $$ resulting from the refined finished test product. If Global is to ever "be a big deal", then they better prove out what they have talked of for years. Getting refinery checks will help prove the deal, but somebody must do a COC to have credibility with the street invertor rather than gamblers like ourselves.

There is still no great big platinum source in N. America other than Stillwater, and strategic metals like these need to be found and proven. The new uses for platinum like clean burning fuel cells will never be much with metal supplies uncertain in 3rd world countries like they are today. A consistent supply in friendly hands will be the only way for that to succeed. Proving the resource is as important as the news that they can actually "get the goodies".

Trifectas, I just love 'em. especially those that make you go stand in the IRS window and "prove out" who got the $$$$. Stay well & invested in great stocks.

jp
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