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

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To: Zeev Hed who wrote (6655)	7/13/1998 4:11:00 PM
From: francis terry	Read Replies (1) of 14226

Zeev: The press release you posted was a news service abbreviated (& garbled) version of the original press release. Here are the important sections from the original version: "Additionally, the Company is pleased to announce it has begun leaching and precipitating its ore at a rate of 15 tons per day, 5 days per week, commencing July 10th (5 days ahead of schedule), and expects to add a second 10 hour per day shift within the next two weeks. The resultant precious metals laden material, reduced from 15 tons, will be processed through a series of resin columns. It requires 4 to 5 days to complete the processing through the resin columns. Initially, the Company anticipates shipping 50-75 pounds of pregnant resin to our refiner each week. It is anticipated that after the initial loading of the columns, it will be feasible to operate as a continuous pipeline with material exiting the columns as the concentrate is introduced. Global intends to immediately install more resin columns and has ordered additional supplies of resins to handle this increased production." .......

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