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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 23.57-2.9%Jan 30 9:30 AM EST

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To: Lee Bush who wrote (95)7/25/1996 10:02:00 PM
From: Zeev Hed   of 14226
 
Lee: "Au contraire, mon ami", I think that Garzarelli rang the proverbial bell signaling the bottom. The last famous bull to throw in the towel. If you look at her record (read Wall Street Journal of today) she is not really that good, she simply knows how to toot her own horn.

As for GPGI, I do not agree with you that Jensen should have a news release on a monthly basis. This would create undesirable false expectations, and he would have to come up with progressively more "bullish" reports every month. If he fails one single month, the stock may be punished for a year. Let him concentrate on solving the technical problems he has, and once he comes up with some sludge sales, or a long term commitment that he knows he can achieve with one hand tied behind his back, then, and only thenhe should let us know.

I hope he lets me help him with the various processes involved (there are a number of different steps and many of them need improvement probably). I have looked at some selective steps in the process (particularly the electrolytic formation of the anode sludge) and I think (think, mind you, not know!) that I can drastically improve it. Since this is quite a bottle neck in the current extraction process, I think this could be useful.

In the meanwhile, you can reread my July 12 assessment and sleep well knowing that is has a little pile of dirt worth a lot of mula.

Good luck.

Zeev
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