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

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To: U.B. Green who wrote (6010)5/29/1998 1:19:00 PM
From: Ed Fishbaine  Read Replies (1) of 14226
 
U.B.

The Les Reid and Slanker attack on GPGI has not helped the share price. Jensen has made a full turnaround. From too much anticipatory statements he has fallen silent. The fundamentals are quite good and progress is being made as far as I know. Dont ask me for details. There is a seller, or maybe a few sellers who want out. They lack information but are responding to their frustration. There are no new buyers yet to sop up the selling even though it is not heavy pressure selling. New buyers will come in when the company begins consistent sales. It is hard to pick the bottom. It may be around here or it may be a bit lower. But we are close IMO. But I do believe that when the buying comes in based on news about the fundamentals there will be a major reversal.

Regards, Ed
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