Global Platinum & Gold (GPGI) Message Board

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

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To: Ed Fishbaine who wrote (8803)	12/12/1998 7:07:00 PM
From: Laser	Read Replies (1) of 14226

Ed, Time for a reality check, me thinks. Global is NOT a PGM producer, otherwise we would have a "pipline" of checks coming in from Sabin as per the grandiose pr announcements in the summer. Instead, we are at a standstill as far as cash flow is concerned. Perhaps you have a different definition of "producer" than myself. In my way of thinking, positive cash flow is a recognizable trait of a viable producer. Also, the extraction of Rhodium has presented a problem in the past. I don't believe the company announced receipts for this metal. I could be wrong though. Tossing out PGM prices is a useless effort and serves no purpose when the Company cannot attain sustained production IMO.

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