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

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To: Larry Brubaker who wrote (6131)6/6/1998 11:50:00 AM
From: Ed Fishbaine  Read Replies (3) of 14226
 
Larry,

You said a while ago that if GPGI shows you the goods (my words) you would be a buyer.

The problem is that you can never be shown the goods.

Assume GPGI announces, officially, that the input-output number for head ore to metal is x. Your response will be:

a. how do we know it wasn't salted? What about the quantity of inquart? They must have selected the sample? But don't the costs exceed the return?

Assume GPGI starts producing consistently. Your response will be:

b. Well they claim to have 500,000 tons. But how do we know that? Was there ever any certified evaluation of the ore at the Hassayampa? Also, we have no chain of custody report. We don't know anything about these huge reserves that are claiming.

I undoubtedly lack the ingenuity to generate the additional caveats which you will produce. I don't believe that you will ever be able to allow yourself to buy shares of GPGI. Deep down you will always fear that you are being duped and you could not tolerate this.

Wait! I amend the above. You will possibly (probably) begin to buy when the shares hit $50. I will be selling them to you.

Regards, Ed
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