Global Platinum & Gold (GPGI) Message Board

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

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To: Zeev Hed who wrote (4128)	11/5/1997 11:43:00 AM
From: Richard Mazzarella	Read Replies (1) of 14226

Zeev, the issue at IPM now is not extraction cost, not many besides you are even considering it. That's the next "worry" issue for everyone. The current issue is metal in the ground. That's were GPGI and IPM are decoupled. GPGI will work cash flow since that dirt pile can't be valued through classical means, and IPM will be valued with COC metal in the ground (and a lot of speculation). I don't see any negative coupling, through stock price in the two. Of course, a positive stock appreciation by either will encourage buyers to the other as long as the "story" for each doesn't change.

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