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

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To: Ed Fishbaine who wrote (6208)6/16/1998 8:20:00 PM
From: Bernard Elbaum  Read Replies (2) of 14226
 
Global's announcements indicate enough changing around of the refining process that it seems no longer possible to believe they are terribly close to production. If they were close, Global would have a refining technique that was basically settled, and would only be working out finer points. As others have said, it seems they are rather still peeling the onion, and there seems no very clear indication of how long the onion peeling may continue. Instead of months, it seems possible that it may be years until they succeed, if they ever do, in obtaining an economical refining method.

Ed seems, however, to think Global is close to success. But since the resin process they are now trying is new to them, I don't understand the basis for believing they are indeed close. Perhaps Ed could explain the grounds for optimism.
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