SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Global Platinum & Gold (GPGI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeev Hed who wrote (10456)5/24/1999 2:27:00 PM
From: Ed Fishbaine  Read Replies (2) of 14226
 
Zeev

What is the "spectre" of 6 MM shares added to the float? If you mean the 6MM shares to be returned by Jensen and Twiford I understand they will go into treasury.

Also, I believe you are right about the big hitter(s) selling. I know of one such who sold 25,000 shares at 22.5 and I think he will sell more. There are very angry, embittered, massively disappointed shareholders who are not paying much attention to what is happening. They disbelieve everything that is issued by GPGI. They hate this company and turn every positive piece of news into a negative. Today's release is a sham and fraud. GPGI has fooled Sabin. They have sent contaminated material to them. Even a check of $300,000 which could happen, I have heard it said, proves nothing other than the company has spiked its material to create a pump and dump situation.

Thus are the wages of lost credibility.

It will take some time and further positive news to plow through these shareholders. But it will happen IMO. Congrats on establishing a position.

Ed
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext