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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: san antonio group who wrote (9757)3/17/1999 9:14:00 PM
From: JACK R. SMITH JR.  Read Replies (1) of 14226
 
SAG,

First, the release was on time as projected, and I view that with a look to continuance, and better relations with present and prospective shareholders. The numbers are better than world class, but we need to see production. I have seen no variance in the approach of Mr. McKay. I have no problem with the variance as with small sample sizes, the sampling methods lead to variance. I know nothing of the sampling methods, but I do know of the overall value of the ores that I suspect the samples were derived from.

My thought would be that their production projections are a bit agressive and I would expect some delay there and I will also expect them to report honestly on that.

All in all, I am pleased with the progress!

I must say that I have no information about the methods of collection, process, nor analysis.

I will also say that I will become more excited and enthusiastic when I see the results verified by the refiner in the form of --you know what!

You know what, Jack!!
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