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

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To: Ed Fishbaine who wrote (6877)	7/29/1998 3:17:00 PM
From: Anthony Zack	Read Replies (1) of 14226

Hi Ed, Very good news, but I am surprised that there was no update regarding progress of starting the second shift. It is very encouraging to hear more frequent updates from the company. I feel that the previous news vacuum resulted from a lack of progress and good news to report. Now, with the adoption of the new process, GPGI is demonstrating significant progress and is more than happy to share that with us. Russell mentioned that one of the things that the SA consultant (his name escapes me for the moment) showed him was a better way to assay this material. I feel that this may have been a key to the progress we are seeing. This allowed Russell to take more accurate measurements, which may have lead to better decisions including the adoption of the new process. Having speculated on all that, all GPGI has left to demonstrate is that they can make timely shipments and cashflow is a slam dunk!! Tony

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