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


To: Bob Walsh who wrote (12213)11/7/1999 2:03:00 PM
From: Bruce A. Thompson  Read Replies (1) | Respond to of 14226
 
Tick...Tock...D minus 27...
I don't buy "Pink Sheet" stocks. I sure as H*LL don't buy stocks in companies delisted for not doing their paperwork. I might buy a $10MM gold mine for $1.5MM though.... If I had the chance.

BT



To: Bob Walsh who wrote (12213)11/7/1999 2:44:00 PM
From: Richard Mazzarella  Respond to of 14226
 
Bob, <<If Jensen is successful he will be hailed as a hero by the loud mouth children who presently want to lynch him.>> That's the way the world works. Success earns one laurels, failure disdain. This go go economy depends on it. Do you think Global will become fully reporting on time and remain on the OTC? Have you heard anything new on the plant status?



To: Bob Walsh who wrote (12213)11/7/1999 10:18:00 PM
From: J.E.Currie  Read Replies (1) | Respond to of 14226
 
You don't dream with other peoples money!!!!

That is not investing OR speculating

You are so foolish Bob.

Back to work are ya!

I guess you can tell I'm not into being politically correct when it come's to lying and stealing.

jec



To: Bob Walsh who wrote (12213)11/7/1999 10:46:00 PM
From: d:oug  Respond to of 14226
 
Bob, it sure would be nice if Global put onto their web site
a simple progress report update to their last posing there.

Even if Jensen had nothing to add or modify, which would be unlikely,
a simple low cost posting to their web site would do wonders for all
shareholders. It sure would be nice to see Jensen supply additional
and quick feedback after the last 2 updates that places Global
in contact with another company. Jensen may feel that an update
that declares no change is a waste of time and does nothing,
and he could not be more incorrect in thinking that.

One would assume that a start up company like Global that has been
paying employment checks and fees for 10 years has spent all the
investors money obtained thru share sales. Everyone here can not
but assume that high dilution has already occured since the original
investors money was gone after a couple years and Global was unable
to generate a cash flow. But I'am pre-Investing 101 and I might be
completely wrong here, but I can only see Jensen obtaining new money
for his and employees, plus Twiford's counsulting fee, thru issue
of millions more of gpgi shares. Along this thought I see no way
Jensen could bring in this outside company except by giving them a
piece of the future profits, or a zillion shares. To me this happened
in my Mongolian gold mine company thru a consolidation 20:1 and its
a big dilution. My thinking is that Jensen does not want to share the
profits of Global since it will seem to him like he does not own it all,
so if he and Twiford do hold millions and does a consolidation their
net numbers will be low, but percentage will remain the same,
but then giving this outside company a million will require Jensen
and Twiford to "play games" and award them each many millions
so that they hold 50%+++ of total shares. Maybe it easier to do
this if your a non reporting company ???

Either way I expect my small holding to be diluted big time,
and this I understood before buying at 1/8, but I feel that
as Zeev long ago said "... a Midas find ..." will offset on the
positive side the negative any dilution. This is my extra guess
on why Zeev has not brough in.

If my speculations here are on target then I as a shareholder would be
very much better off if Jensen "paided" the outside company in future
profits rather than a million gpgi shares after a consolidation.

As for why I bring this up is simply a lack, near total, of what Global
is about in terms of money to continue on.

<<Regarding someone's comment that Jensen made the decision regarding
the new process/plant without Twiford - that is silly. Twiford is the
technical resource/adviser for GPGI.>>

This most likely is derived from my posting, which is totally speculation
on my part since I have none = zero information of the workings of Global.
Actually I have not even read the Global web site and only know the stuff
posted on this thread. But I harp on the Twiford factor only because thru
reading on this thread that he is the single person in charge of the one
thing that will make Global successful, yes or no, and its the extraction
method since it has already been accepted that the dirt is good for the
precious metals being there.

Along these thoughts I cannot state where the Twiford factor is as present,
but we all know up to the last couple updates that no successful method was
had by Global to take it to production as a successful company it has stated
to shareholders as its goal. This to me is a statement that Twiford has not
delivered any value to Global if commercial production is it goal.

As for the present, and to identify this outside company as a means for
Global to obtain production of precious metals for a cash flow, I have no
information if the work Twiford has done is of value or importance to the
process this new company adds. It could be that a "run of the mill" as in
"aready knowned" in past mining journals and learning centers, that well
knowned methods to prepare this thing called leachs work ok with this
outside company, and the only reason this outside company never put their
process in a mode for extraction of precious metals at a for profit level
was simply they did not know or believe the "desert dirt story".

So imagine the possibility that all of Twiford's work is presently not
needed, I repeat, nothing that Twiford did is require for this outside
company to place their expertise and equipment at Global and obtain the
end results of precious metals for sale. How would we know ? Simply,
if its so then expect this outside company to go to other desert dirt
mining companys and do the same using available to public chemical ways
to prepare the dirt as a leach. Again. I do not know what a leach is.

For me what happens is not in my "care" catagory. If Global does give me
the shaft thru a dilution or reward Twiford when he does not deserve it,
I will do nothing and walk away and never look back. I already have other
stuff "on my plate" of importance.

spags.com

Doug