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

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To: francis terry who wrote (4562)	12/26/1997 6:21:00 PM
From: Ron Wilkinson	Read Replies (1) of 14226

Francis, I agree that their best chance is a single refinery to service all the dirts but don't give even that much chance. The main reason is that these guys are inventors and they are essentially a one product company (precious metals). If they invent the right process/es they will live and prosper for their shareholders and they don't care about the other guy. Where I have seen collaboration work in the past was on one aspect of an industry problem where no participant's existence depended on the outcome. That is not the case with the dirts (excluding those which have other subsidaries). If you believed that your research was one to three years ahead of the other guys, how would you feel about giving that info to them (for nothing)? And these problems don't even include the individual personalities involved. I would be inclined to sell if they actually formed such a group because then I would know without a doubt that none of them have a clue how to get the metal out. Regards, Ron

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