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

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To: Larry Brubaker who wrote (6108)6/3/1998 10:05:00 PM
From: Jeff Williams  Read Replies (2) of 14226
 
Larry: I agree. When GPGI begins to show a profit and maintains sustainable production over a period of time, us amateurs will jump on board and propel this puppy upwards to the $5-10 range. The real rewards however will come when there is a buy-out or a JV and the shares go for more than $20, maybe even $50. After all, the Oro Grande & Weaver Creek have over a trillion tons of ore as I recall from reading Mike Thomas' report. If the ore can be shown to be worth, say $50/ton (I just picked this figure), then we're talking $50 trillion, say discounted 90% for it being in the ground and you get $5 trillion, divided by 22 million is approximately $225/share!!! I don't think this analysis is too far off the mark.

Ed, once again, I sure do appreciate the way you have added knowledge to the thread. You are a voice or reason in a world of confusion.

Regards,

Jeff
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