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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Mike McKay who wrote (6539)7/8/1998 11:26:00 AM
From: Scott Wheeler  Read Replies (1) of 14226
 
Mike, glad to hear from you. Sounds like you are very diligent in [paying your] "dues". If you don't mind I had a few questions about your post that occurred to me. I hope they do not sound impertinent - I assure you they are not meant to be. Some people are understandably nervous about speaking publicly, but you seem to project confidence. I'm curious why you preferred to sit on the bench for so long, although were clearly potentially a "first-string" contributor; and then why did you decide to post now? If you and your associate investors have been around for a year plus, I will assume that at least some of your PP shares cost more than current market. If you are still (thinking of) buying inside at a discount to (current) market, I can only imagine that it must/will cost Global quite a few of shares to compensate for "six figures". Do you have any comments on the kind of dilution you think we will see on the way to, say, June 1999? I also wondered if you could comment about the problem of drying the large amount of precip generated by the significant tonnage you mentioned. Finally, I wondered if you might elaborate on your "order of magnitude less" - I did not know whether you meant exponentially (i.e., the square root of the figure you provided), or was it a more of a figure of speech? Tia, Scott Wheeler
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