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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 25.03-0.1%Jan 23 3:59 PM EST

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To: Anthony Zack who wrote (2880)6/4/1997 7:44:00 PM
From: David G. Findley   of 14226
 
Zack,
Method #1 (electrowinning) is irrelevant as it is impractical for GPGI - they've scraped & scrimped to produce a whopping 1,000 pounds of dried sludge. They have also abandoned it.

Method #2 (leaching) ... well, we have been waiting for about TWO months now to hear WHAT is in the 3,000 pounds of dried precipitate. GPGI also PROMISED that we'd be getting DAILY reports of EXACTLY what they were doing. GPGI has failed to make good on this promise. Additionally, they never failed to tell us about the 100's to 1,000's of opt of PGM in SMALL amounts of sludge as tested IN HOUSE. However, they seem incapable of telling us (after two months) about the PGM content of the 3,000 pounds (LARGE AMOUNT) of precip. I wonder why, suddenly, their IN HOUSE testing can't produce a quick-look of the precip.???????????????????????

Has the 3,000 precip. been reduce to d'ore metal?

Have the d'ore bars been sent to a refiner?

Just WHERE are we, GPGI??????

These Desert Dirts are all EXTREMELY COY when it comes to saying ANYTHING that would definitivey pin them down fact-wise. Not a good sign.

David G. Findley, GPGI, IPMCF & MAXM stock holder
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