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

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To: Matt C. Austin who wrote (4863)	1/25/1998 1:42:00 PM
From: Zeev Hed	Read Replies (1) of 14226

Matt: I am not sure what to make of CL's opinion, his credibility is certainly not very high on this thread, nor on any other thread for that matter. For a person that has made a major effort of silencing any opposition to his opinions on IPM, and as a result caused the losss of many of IPM's holders fortunes, who is he to give advice to GPGI? By the way, GPGI is not the only company engaging in an effort of creating cash flow first and "resource evaluation" later. It seems to me that CKS is doing the same. With the many scandals that have involved companies hyping non existant resources, via the route CL proposes, I would not be surprised if the market will put more value on actual cash flow (as minimal that this cash flow might initially be) than on "resource evaluation" from an industry fraught with scammers. I think that D.J.'s route to the "promised land" will prove more fruitful that the "resource valuation" route. Zeev Zeev Zeev

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