To: Thor Carlsen who wrote (11039 ) 7/30/1999 12:46:00 PM From: Thor Carlsen Read Replies (1) | Respond to of 14226
IT CAME OUT!! Action right away on this PR!!! Mr. Richard Jensen, CEO of Global Platinum + Gold Inc. (OTC:BB GPGI) wishes to inform shareholders that the company knows of no reason why the price of its shares has fallen recently. The reality for Global is that fundamentals have been steadily improving. Significant progress has been made and the prospect for further advances is excellent. It is ironic that the market is now pricing our company at a level equal to or below where it was years ago when the fundamentals were far less developed than currently. Our recent news releases indicate not only continued acceptance by refiners of Global's anode sludge and successful processing of the metals to saleable status' but also improving recovery grades. We have also just completed our audited financials and established ourselves as a non-designated security. Hiring of the extremely qualified Paul Skinner to upgrade the operation of the mill is of major significance. While it takes many weeks to process pgm ore, work, under his direction, is underway to determine the quantity of head ore required to produce a specific quantity of saleable metal. Following this, it should be possible to know our costs and thereby calculate profit. The company has installed a security system to both protect its proprietary processes and to prevent theft of its products. 34 pounds of anode sludge were shipped this week to our alternate refiner who provided rapid processing on the initial 10 pounds of anode sludge previously sent. Russell Twiford, who is the research metallurgist for Global, has developed procedures for the extraction of metals from the sands. It is to him that the credit must go for GPGI being the only desert sand company, to our knowledge, to produce saleable metal. Mr. Twiford is currently working on improved procedures for extraction and we are hopeful of some significant breakthroughs from him in the near future. Management wishes to express its appreciation for the patience of shareholders' over the past years. We believe that this patience will be amply rewarded in the foreseeable future. For information contact: Dennis DeNoble (801) 277-0744, denoble@aros.net YEAH!!!! MISS 'EM!!!!!