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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 24.46+6.1%Feb 6 9:30 AM EST

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To: TATRADER who wrote (1260)12/4/1996 6:59:00 PM
From: Jeff Williams   of 14226
 
TO: Mark, et. al.

I would not look for any "miracles," Mark. I spoke with Dick Jensen
over the weekend, and he didn't give any indication of any big news
pending. He said they are going to begin working in earnest to pour
metal. But I don't see this happening in the next week or so.

Further, as y'all know, he's more interested in running the business
than influencing the stock price. I can't help but agree that we are
all better served that way.

I agree with the opinions expressed that GPGI's chart pattern looks
weak technically, as it has for some time now. It could go down to
$1.00 perhaps, but today it closed resting on the lower Bollinger Band
and I interpret stochastics showing it as "oversold." However, if we
get some price weakness in the next 30-60 days before Jensen's next
announcement, wouldn't that be sweet?

Regards to all--

Jeff
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