Global Platinum & Gold (GPGI) Message Board

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

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To: Scott Wheeler who wrote (6968)	8/13/1998 11:37:00 AM
From: Ed Fishbaine	Read Replies (2) of 14226

Scott, I cannot see any advantage to a deal with Maxam. Ball mills are cheap and anyway the GPGI mill will be repaired soon. Can Maxam bring money to the deal? They are broke. Can they bring technology? Their resin rpocess doesn't work Gpgi's does. Can they bring ore reserves? . Maxam's is like IPM's, potentially commercial but Global's ore is much richer. Also, Global's reserves, other than the Hassayampa, are practically infinite. If Maxam wants to use Global's proprietary process will they split the profits with Global? If so maybe a deal could be struck but only down the line after Global is in large scale prodction. Regards, Ed

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