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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Bob Walsh who wrote (6914)8/4/1998 9:40:00 PM
From: JACK R. SMITH JR.  Read Replies (1) of 14226
 
Bob,

I will not hold you to any estimate, for that is my impression of what you have provided, just a best guess. If you are accurate, then by my estimate, the company is in much better shape than I had estimated. That would certainly cover operating costs and provide room for expansion. I expect no dividend here but prefer that profits be plowed back into production capacity.

Let no person hold you in low esteem if you are wrong in your projections, as I was wrong (clearly) in my call for a rally in the market. Well, I did provide some forewarning of the situation, and that is to my credit, but I expect to be 99.5% accurate, and I am sad when I miss that mark!

Thanks, Bob!

Best to you, Old Soul!!

Jack!
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