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

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To: Ed Fishbaine who wrote (6136)6/8/1998 10:56:00 AM
From: Richard Mazzarella  Read Replies (1) of 14226
 
Ed, <<The problem is that you can never be shown the goods.>> You are correct that there will always be doubts, that's good, it makes a market. However, there haven't been the most fundamental of questions answered about GPGI production. Do you truly believe that the operation is such a "hobby shop" that they don't even know how much head ore produces how much oz PGMs? To suggest that shows an operation not worthy of any investment, PGMs or not. If I only wanted to invest in PGM dirt, I can buy USPS considerably cheaper. The potential and speculation for GPGI is that profitable production is close. Of course there will always be questions even at your $50, but there are fundamental ones that need answering before we ever see $1 again. IMO there are two numbers that are required to get serious interest. 1. The oz PGM gold equivalent for a given head ore. We understand the ore pile source and the low cost method of concentration. 2. The cost to produce an oz PGM gold equivalent. IMO if GPGI provides good values for those, watch the interest, both amateur and professional.
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