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) -- Ignore unavailable to you. Want to Upgrade?


To: kahuy who wrote (11190)8/18/1999 3:00:00 AM
From: Robert J Mullenbach  Respond to of 14226
 
Thanks for the info, Lets dig into Stillwater for a look,

At what we are dealing with.

At the smelter, matte is produced, matte has 600 oz's of Palladium and Platinum per ton.
Matte is sent to refinery, produces filter cake that is 60% palladium and platinum.
The filter cake is shipped to refiners in New Jersey, California, and Germany.

They also recover rhodium,gold,nickle,copper and silver.

they just finished the copper, nickle refinery.

at a cost of 8 million.

32 million for the new smelter.

they have a 50 year supply, its totally unreal, is it for real, Yes, they are real. 270 million for East bolder project.

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Now look at GPGI,

First they have to figure out a process that works, ( might have it,) they have Sabin to refine, ( 4 1/2 lbs came from some were )

looks like a lot of the problem will be money, its big bucks time, when you start talking the stuff they will need.

but if the stuff is there, should not be a problem.

its worth a gamble to me at this price, must be something to it.

XXXXXXXXXXXXXXXXXXXX

if worst comes to worse, maybe they can process spent automotive catalysts, Stillwater smelted 139 tons last year,

maybe there is money in recycle.!!!

One way or the other, we are going to be really happy or look like blooming ......

happy trading, I am going down with the ship.

Stockholder BOB.

XXXXXXXXXXXXXXXXXXXXXXXXX

Actual results may differ materially
from those indicated by such statements. All statements, other than statements of historical fact, included herein, including,
without limitation, statements regarding future production, are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements.



To: kahuy who wrote (11190)8/18/1999 8:50:00 PM
From: JACK R. SMITH JR.  Read Replies (1) | Respond to of 14226
 
kahuy,

Some of those articles in Barons are much older than that. There was at least one over 10 years ago.

Currnet market activity looks like distribution to me. Increased volume with decreasing price movement.

I have not talked with company officials for a very long time and will not. Their silence is not building much confidence however.

Silent management can be for several reasons. First, they may know nothing, Second, they may know something and not wish to reveal it while they perform nefarious activities. Third, and most unlikely, they may have good news which they wish to reveal to all at the exact same time with no leaks and no telling of secrets to secret people.
The bottom line is that nefarious people do not build great companies and are the subject of investigation and litigation. Worthy and truthful companies do not operate in the manner of this company. Credibility is more precious than platinum, gold, and all precious metals. It seems more elusive to this company than the production of profit from the stated enormous conventional and unconventional PGM potential.

Show me the check, Jack!!



To: kahuy who wrote (11190)8/23/1999 6:09:00 AM
From: Thor Carlsen  Read Replies (1) | Respond to of 14226
 
<<<Probably about 5 years ago GPGI ran several articles in Barrons. The potential ounces of PGM per share was and is phenomenal.I bought a relatively insignificant number of shares just to hang on to. About 1 1/2 years ago the news was so positive from GPGI that I loaded up on it and unfortunately told a number of friends about it. For all intent and purposes I now have many shares worth an insignificant amount just to hang on to. I of course hope that GPGI unlocks the secret to recover the pgm before another reverse split!>>>

Kahuy, thanks for the sincerity. Your statement, "About 1 1/2 years ago the news was so positive from GPGI that I loaded up on it and unfortunately told a number of friends about it." says it all.

One can not imagine how many people have done the same thing.
I have told at least 6 fellow investors my portfolio and how I view stocks.
For the last year my excitement for this stock has waned because of repeated broken promises and not repeated checks.
I no longer tell people to buy because of the metal being on the table, that was 3 years ago, now I tell them to roll the dice on a man, Jensen, who year after year has produced nothing except a bad reputation.

Re. Jensen: I hurt the feelings of one man by calling him an asshole and for years this same man has hurt countless others with his on going, never coming to completion, "we are ramping up production", swilling crap in order to get one thing, Your money.

It is truly amazing the Jensen post from exactly one-year ago was not contested and even more amazing is that it continues today.
Or perhaps it is predictable, that being forgiving on every News Release we the public have given Jensen the continuous green light for him to slobber ambiguity?

If one is pleased with the same 'ol same 'ol then say nothing.
If you feel that Jensen's posts from the last three years are creating more questions than answers then speak up.
He will NEVER change until asked or forced to do so.

The Y2K problem has a deeper meaning for Jensen,
Thor