Global Platinum & Gold (GPGI) Message Board

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

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To: Richard Mazzarella who wrote (5335)	3/17/1998 8:55:00 PM
From: JACK R. SMITH JR.	Read Replies (1) of 14226

Richard, Congratulations!! We are in a litle declining penant within a greater declining penant here. Little penant support is at about $1.00 and any break above $1.20 would lead to big penant resistance at about$1.70. Big penant support is about $.75-80. You are smart to buy in this area, as is Zeev. Small downside chance and big upside potential with any news from the company. I rather like the html title "update.hot". If Larry ever gets the site back together, we will see what it is. Gold down today, palladium off sharply. Platinum maybe down a little, but may have further to go on the upside. Silver broke support and is headed for $5.50 area. It is a hard thing to buy a stock like this at near bottom, but perhaps exactly the right thing to do!! Congratulations again, Jack

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