Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Ed Fishbaine who wrote (11751)	10/15/1999 7:38:00 PM
From: Scott Wheeler	Read Replies (1) \| Respond to of 14226

<< ...possibly a significant piece of the action committed to the new outfit. >> Ed, I asked directly about this and was told "No, it's a straight business deal", i.e., no equity stake as payment. You could look at this as either encouraging or not, depending upon your read, imo. If you read it as "they don't want to gamble on chancy stock", then you're sallow on it. If you think, "They gotta know Global can't pay them now, so if they want to get paid, they'll have to make this thing spit sheckels pronto", then you're sanguine. (and I am sure there will be a half-dozen other interpretations on this thread, some of them dizzy)..... ...regards, Scott

To: Ed Fishbaine who wrote (11751)	10/17/1999 7:53:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 14226

Ed, <<How do you know they were independent?>> You have a good point. I understand that Max Cooley has known of these PM precipitation chemicals for analytical purposes, but only recently came to the appreciation of their potential for assay and recovery. I'm also aware that there is occasionally technical communication between Global's and Maxam's consultants. There may have been a common spark to each conclusion. Each company has already run successful proof of concept experiments which should encourage longs. <<possibly a significant piece, of the action committed to the new outfit >> Maybe, maybe not, the chemicals used are not proprietary, but maybe the apparatus manufacture has a process patent? I don't think Global has any choice at this time, it's do or die. Chemical process patents are some of the easiest patents to do a work around, ask Zeev. Remember it's the golden rule, those with the gold rule.