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

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To: Larry Brubaker who wrote (4238)11/19/1997 8:37:00 AM
From: jack parker  Read Replies (2) of 14226
 
Larry, Zeev, Jack & the rest of the GPGI'ers: I spoke to Ed fishbane yesterday and asked if any news was on the way. He commented that Dick and the mill crew were producing dore metal bars and shipping 6,000+ oz's each week to the "second" refiner. It's still too early to get results back from that 2nd source, but the Englehard shipment should reveal results by months end. Ed also mentioned that the 2nd refiner had added an additional 6 big tanks to help speed the processing. He added that the IPMCF crash should have only minimal effect on Global. He again mentioned that there is accumulation of the stock still going on as the price hits a buying range and someone is buying. I too have been nibbling, as zeev cals, it in the under $2.00 neighborhood. Dick's comments about being confident in the 2nd refiner's ability to "get out the goodies" is OK by me and I'll still be long and looking for buying chances.
regards,
jp
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