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

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To: Dennis DeNoble who wrote (7585)	9/25/1998 9:12:00 PM
From: Scott Wheeler	Read Replies (2) of 14226

Dennis, can you help us out here and square the following statements: 9/8 <<Sabin Metals was able to actually extract slightly more in value than our own in-house assay showed was in the shipment...... Assays of shipments 3 through 6 show profound increases in the quantities of metal present in the resin.>> 9/25 <<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 first statement refers to shipments #s 1 and 2. Why did the later shipments fall short of expectations when the first two exceeded them? Did expectations swell after #s 1 and 2? And can you explain in more how the non-production digestion tanks failed later but not earlier? TIA...SW

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