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

GPGI 23.67

-1.7%

1:06 PM EST

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To: Zeev Hed who wrote (87)	7/19/1996 11:56:00 AM
From: Victorio	of 14226

Zeev Thank you for your input. You realize what you are saying is quite different than the letters from Dick Jensen on the web site during the early months of the year. For example, the Feb. 5, 1996 letter from Dick stated "Currently, we are missing only one piece of equipment necessary for high volume production." It is very clear from the web site they were expecting production by now. This being the case one can only conclude that problems have been encountered. To deny the above is just plain wrong. Note that when IPM was unsuccessful in their attempt they issued a press release and admitted the problems. Regards.

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