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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Fishbaine who wrote (10749)	6/20/1999 9:47:00 PM
From: JACK R. SMITH JR.	Read Replies (1) \| Respond to of 14226

Ed, I direct my comment not to you, but to all and to the general discussion. The shipment will be a fraction of the projected shipment. That appears to be a given, if in fact there is a shipment at all. A short time ago we were privy to fantastic projections from analytic results proffered by Mr. McKay. Then the projection was made that there would be a 1000 lb shipment on or about the 16th of June. I believe that I did take exception to the proffering of fantastic assay results and pointed to the need for consistent and profitable results from the refiner as reflected by bankable receipts. At this point, I wish not to rub salt into old wounds, but simply to offer an approach which might yield substantial returns for the loyal shareholders who have suffered greatly. I assume here that the company has made significant strides in its extraction process and has an economically feasable extraction method and has the ores that it has announced. Here is my advice! Concentrate all company efforts toward gaining a sustained cash flow through production, no matter how small. Attempt to maintain credibility with the current refiner through realistic projections of production and shipping capacity and through repeated shipments profitable to the refiner and the company. Refiners have bills to pay also and they are certainly interested in increased cash flow through serving producers who can constantly and consistantly produce profit for them. As far as the company goes, my thought is that it should go to "negative hype". What I mean by that is say little in terms of projections and produce more than expected from any projections that are made. Certainly, a better relation with current and prospective investors would follow! The old ways must end and new ways must be found and if not, then I am sorry, but that is just the way I see it here! Accepting No More Bullshit, but waiting for progress, Jack!!