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 (10310)	5/7/1999 3:17:00 PM
From: Jeff Williams	Read Replies (1) of 14226

Ed: It seems to me, once the efficacy of their production and extraction processes are shown to be profitable, Jensen may well go to the bank and take on debt to ramp up production big time. I mean, in mining terms, 10 tons/day is really a mom and pop operation. Two guys with pick axes can dig 10 tons a day, right? I'd guess a $2 million loan should put us in the 100 ton per day category, and then we can all begin to see the potential we have patiently waited for come to reality. So, I would put a large multiplier on the $597,000 figure when looking a year into the future. Of course, this opining is dependent upon Sabin's successful recovery of a substantial portion of the goodies. If that doesn't happen, we are out of business. If it does, then this may prove to be the best investment we've all made in our lifetimes. Regards, Jeff

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