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

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To: Anthony Zack who wrote (7584)9/25/1998 3:45:00 PM
From: Dennis DeNoble  Read Replies (3) of 14226
 
A message from Dick Jensen

TO ALL:

We are in receipt of the Sabin Metals settlement for shipments #3 & #4. While we did not expect spectacular numbers from these shipments the actual results were less than anticipated. The problem appears to stem from the use of R&D digestion tanks, which were too small to handle the volume of production material. The company now has installed production size digestion tanks, which we believe, will solve the problem.

A complete review of our production processes and quality control procedures is presently being undertaken. Sabin Metals Corp. representatives have been very helpful in identifying and assisting us in resolving these routine production problems.

Dick Jensen,
President
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