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

GPGI 24.46

+6.1%

Feb 6 9:30 AM EST

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To: JACK R. SMITH JR. who wrote (5207)	3/2/1998 11:43:00 AM
From: Bob Walsh	Read Replies (1) of 14226

Jack, we MAY be close to turning the corner on this. Dick Jensen I believe is honorable but in the past he has let his optimism do the speaking. I believe that passing on Dick's words without reducing them by the proverbial large grain of salt has, in the past, reduced the credibility of GPGI. Dennis appears to be more cautious / conservative and that is a good balance. The results which we hope to get from AuRIC this week will be critical, but will be the start of several critical steps: - will AuRIC's results be repeatable for the next large batch? - will AuRIC be able to meet their commitment of 30 days turnaround? - will AuRIC's extraction results improve? - will the increase in production quantities at each step be easily accomplished and at a low cost? I also tend to be optimistic and believe that the answers to the above will be favorable. Also I agree that the properties that GPGI has offer a huge potential. Regards, Bob

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