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

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To: Laser who wrote (7208)9/5/1998 2:12:00 PM
From: Jeff Williams  Read Replies (3) of 14226
 
Laser: I thought we agreed the first check wouldn't be much, Dennis has already told us so. But no matter how much it is (or isn't) I'm sure you'll be in there kicking shit out of GPGI. I thought we had agreed it was a good idea to see what the trend is when the first few checks come in. Then we can extrapolate some meaningful figures given enhanced recovery and also production increases. Also, remember that we won't get paid for the Rh for a few more months, and we're literally loaded with Rh!!!

The fact of the matter is when the world mining community realizes that we can produce a full range of PGM's from desert sand that we scoop up from the ground with the lowest mining costs in the industry (and make a profit at the same time), we won't be a forty cent stock. Remember it took PGMS 18 years and many 100's of millions of $$$ to accomplish the same thing.

Oppenheimer has got to be getting restless and looking for new opportunities because South Africa is literally falling apart as I write. I just got a first hand report from an Afrikaaner visiting Seattle last week. He said business conditions in South Africa are "intolerable, and due to get worse. I don't even want to think what happens when Mandela steps down," he told me.

Regards to the faithful --

Jeff Williams
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