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

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To: Ed Fishbaine who wrote (10310)5/7/1999 9:09:00 PM
From: JACK R. SMITH JR.  Read Replies (1) of 14226
 
Ed,

Ancient one and revered elder.

I am not a detractor of Mr. McKay nor of his efforts. I am his advocate.

Here are the simple facts. He was party to announcing the extremely valuable results from the samples and those were valued in just for simplicity, let us say $5000.00 per ton. That is a matter of record and I am being conservative. Let us take the 140 tons to produce a ton of slime and what do we get? My calculator says $700,000.00. By the announced values it should be closer to a million.

I am on record in warning of such fantastic predictions and such paltry production and we certainly need to change the order of that. In my view, we need to take the lumps of paltry prediction and provide fantastic results at the refiner.

I share and have always shared the belief in the properties and the potential end result. I am glad that we seem to have a stable relation with a potential refiner and I am in hopes of future results, but I am down a lot of bucks and Jensen is looking for a loan.

I have heard the be patient theme for a number of years and you certainly must understand my impatience!

My patience expands greatly when my investment expands greatly, and I am waiting, and still waiting, and so are many others. Time is short, and funds are short, and I have other places to go, and so do many others here, and all within the company and all large and small investors should understand that completely!

Produce soon, or Die, GPGI!!

Pragmatic, Jack!!
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