Global Platinum & Gold (GPGI) Message Board

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

GPGI 24.07

+2.1%

Feb 2 3:59 PM EST

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To: jo ann hoffman who wrote (1276)	12/10/1996 9:43:00 PM
From: TATRADER	of 14226

Jo ann, while this may be good news longterm for Homestake,(they can make money on gold even when its at $370---Their cost of production is so low) I don't feel it will have any bearing on GPGI's share price.....Right now we have a MM who does not like to see the price go too much below 1.50, and he has the power to control the ups and downs of this stock with its small volume.....We are at his mercy....If he wants to depress us, he takes it down to 1.40, hoping we'll sell our shares to him.....If he wants to move it up,he does, As I believe he is now doing....Thus, maybe he'll pull in some people who watch the upward price movement....Don't get me wrong I believe in Jensen and Global, but I think we are going to have to wait 3-6 months more before Jensen has some true cash flow that he can really talk to us about.....Again, I hope I'm wrong.... Regards, Mark

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