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

GPGI 24.83

-0.8%

Jan 26 3:59 PM EST

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To: Bob Walsh who wrote (8983)	1/12/1999 2:06:00 PM
From: Jeff Williams	Read Replies (1) of 14226

Bob: You write: Give McKay 6 months - if we don't have favorable results by then, we are in deep doo-do and a change in management (even if possible) probably will not solve the technical problems. What makes you believe that the market (or shorters) will give us six months to achieve production which has been promised numerous times over the past DECADE??? I feel even 90 days is optimistic if we cannot show results very soon. JMHO. Every week that goes by reflects another $15,000 for fixed overhead. Call it 70,000 shares of dilution. As share prices decrease, dilution climbs rapidly, feeding on itself as it goes. I have confidence in Mike McKay, as do most on this thread, but profitable results must be achieved in the shortest possible time. Nothing else will do at this point IMO. Still hoping, but flagging, Regards, Jeff PS -- It is always darkest, just before dawn, right?

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