Global Platinum & Gold (GPGI) Message Board

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

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To: Zeev Hed who wrote (10352)	5/11/1999 4:41:00 PM
From: Ed Fishbaine	Read Replies (1) of 14226

Zeev Is it possible that technical analysis is contaminated in the case of GPGI? Because of the disasterous track record of management plus the lack of COC reserve demonstrations is the market ready to trust any positive news which is even highly suggested by current activities? I think not. The market will need multiple demonstrations of successful production demonstrated by payments. Plus it will need some sort of proof that the depredations and amateurish incompetence of current management is truly neutralized. This is not the kind of situation where anticipation and insider awareness would adumbrate the future emergence of success. IMO the smart money does not trust this deal. But it is probably sitting, watching very carefully. Therefore, I see the possibility of powerful news emerging suddenly but no powerful movement to the $10 level. At least not for a while. But once the doubt is removed ( best with the removal of current managment) you will see an explosion. Ed

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