Global Platinum & Gold (GPGI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tim Hall who wrote (8554)	11/14/1998 7:24:00 PM
From: Richard Mazzarella	Read Replies (3) of 14226

Tim, I would guess that shorts are willing to bet on bring desert dirt companies to their knees. History suggests that the desert dirts can be brought close to zero with just a little effort. The shorts are very smart and use good logic to advance their objectives. How could you go wrong when you can get state governmental mining officials to say there are no significant metals in their state and actively work to advance that conjecture? Global is in a difficult situation, it must sell stock to fund operations. What better method to take a stock like that down than to sell it short, the demise then becomes self fulfilling. If they can't fund the operation, the stock suffers even more. IMO Global makes a strategic error in not having other funding methodology. Free trading warrants to current shareholders as dividends to provide funding could turn the tide for decline. When the shorts finally understand that funding isn't an issue, they'll then know that they can't "double dip" on pressuring the stock. Warrants would also create some PR for the company.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next