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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Dennis DeNoble who wrote (9994)4/6/1999 6:03:00 PM
From: Harry Roberts  Read Replies (3) of 14226
 
Dennis:

What does Mike mean <the company believes this may be the right time to tell the market of the company's potential> or some such line?

Here's my take on things: Everything posted in the past few days is true -- the market will only believe funds received. Mike's latest post didn't make any commitments to future dates of actual milestone events or even the date of the next release. The past two days trading shows me there's still far more GPGI holders looking to get out than there's fresh blood coming in. To get that fresh blood requires more than a PR Newswire release every 2 or 3 weeks.

You've got a real job as IR Director, Dennis. Now it's time to do it. You should talk to Dick and announce your PR strategy for the coming months -- current investors need to know you'll be doing something significant to introduce new people to the company. Please post or release a statement on this ASAP.

In the meantime, the market could also be pleasantly surprised if the company did something positive but unrelated to Sabin results. For instance, is it time for a real CFO? One who by his very reputation will bring attention to the company? Or is it time to announce specific steps and by when the company intends to handle the OTC BB crackdown? Or file this year's annual financials? Or let a major take a minority stake, if only again to make GPGI more legitimate?

Any of these non-mining issues could give confidence to the market, and there's no reason why you guys need to be stingy with the releases. Check out stocks that are flying -- you'll often see them announcing news, even really minor stuff, every other day or so.

You guys have got enough going on now, at HQ as well as in the desert, to make regular announcements about how you intend to legitimize this company legally, financially, and via a high stock price. Tell us about management's direction and intent -- tell us about how you are bringing in new blood. Make us feel like this company is healthy and not about to go to an all-time low.

There are hundreds of cases of companies with excellent products who went under because of crappy marketing and publicity. Don't let GPGI be one of them. You don't have to overpromise -- just let us know you're all working towards a multitude of important goals.

I've been with you 12 years, but even my patience has limits.

Harry
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