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

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To: stanley new who wrote (5925)5/8/1998 8:32:00 PM
From: Randall E. Brubaker  Read Replies (1) of 14226
 
The financial statements as I read them are as of 5/31/97.
This makes them almost useless for judgment of current liquidity. I hope we'll get some more current info soon. I expect more capital has been raised since 5/31/97. I doubt that the people added this year are working for free. Actually, I think that the addition of DeNoble and Skinner pretty clearly imply that the company has some money. How long they can hold out without becoming self-sustaining is what I would like to know.

Randall
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