SI
SI
discoversearch

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)
GPGI 24.07+2.1%Feb 2 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gene Veinotte who wrote (1649)2/13/1997 4:04:00 PM
From: Bernard Elbaum   of 14226
 
A continuing theme on this thread is the question of when Jensen will release definitive news--such as a record of successful commercial sales. We should realize that if Jensen is smart, he has good reason to stall in releasing such news. Stalling will help maximize the longer run value of the company.

Global's value is not just a matter of the precious metals on its land, but of its technological leadership in refining. Once someone is clearly successful in refining AZ sand, there will be a tremendous effort by others to imitate that success, as well as a landbuying rush. If there's lots of valuable sand out there, it could be enough to depress prices for Pt and other metals.

For Global to go public with success before it's completely ready to
scale up production--with a debugged refining technology and finance in hand--would be like Intel releasing a prototype chip for imitators to try to clone before it is ready to produce that chip in volume.
Intel would never do such a thing. Nor should Global. There's money to be made by maximizing the output Global can produce and sell before imitators can get into the act. Stalling on news could just be good
profit-maximizing economics.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News