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

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To: Ron Pratt who wrote (4119)11/5/1997 8:20:00 AM
From: jack parker  Read Replies (1) of 14226
 
Ron: I didn't get "taxed" as the feeling in speaking with DJ last week. He said that the ongoing shipments of metal bars had filled the refiners current capacity. He said that the refiner is expanding his location and space to process more of GPGI's bars, which I believe he is doing on an exclusive basis. I've seen other posts here that mentions how difficult the PGM's are to extract, and Dick was not concerned with the refiners full situation, it seemed a minor speedbump in the evolving DD story. I am glad that we've seen this little lull in the share price, it's buying time for me as I can smell a payday before years end.

Now when we get payday info, I know that Zeev and maybe Chuca will do a back of envelope extrapolation on the $$ value of the 500,000 ton pile sitting at the plant. Then maybe we can get other investors interested in Globals' 3 properties.

If anyone has questions they can call Dick at 801-943-6884 and ask them direct from the source. I will say that Dick has always been very candid with answers and wil not hype his situation in any way. He just shares the facts. Everyone that is a shareholder must remember that Dick has held shares much longer that any of us. His tenacity for staying the course and taking us this close to a payday is why I'm still long on GPGI. If the IPMCF group gets their payday before the Y2K, I'll be very surprised!
regards,
jp
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