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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: Eric Tai who wrote (266)9/10/1996 9:53:00 AM
From: JACK R. SMITH JR.   of 14226
 
Eric:

What is different this time versus the other times is that Global is more in charge of own fate. Sure, they must depend on a refiner for sludge sale, etc, but in the past, others were in charge. This time, they may be able to produce salable metals by themselves. Maybe not today, tomorrow, or next month, but in the near future. We come to the crunch point here. Put up, or shut up. At some point, if they do not secure a steady stream of income, they try to finance, or go broke. It is as simple as that. The question is, will they survive and prosper, or go broke. That is what we all bet on, one way or the other. Stocks can survive for years on expectations, hype, etc. Not this one any more, they have to soon --put the metal on the table!!!! I am betting that they will, and soon. What about you?
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