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


To: JACK R. SMITH JR. who wrote (12292)11/14/1999 7:30:00 PM
From: Jafco  Respond to of 14226
 
An interesting report by Romax on Raging Bull;
ragingbull.com
FWIW
Joe



To: JACK R. SMITH JR. who wrote (12292)11/15/1999 10:03:00 AM
From: Bruce A. Thompson  Read Replies (1) | Respond to of 14226
 
Language Challenged Jack,...Tick...Tock...D Minus 20...

I agree that the nature of this business is to render value from dirt. However, I also believe that there is a responsibility to properly steward monies that belong to other people when entrusted to you. Correct me if I am wrong, but it is my understanding that the financials due the SEC are not required to be audited. To me, that would mean sitting down at the computer, loading Quick Books, printing out a financial statement and sticking it in the mail. The question is WHY HASN"T THIS BEEN DONE?

There are a couple reasons that come to mind. Could it be that RJ has something to hide? Could it be that RJ is either too lazy or incompetent to operate the computer? Could it be that RJ has been using GPGI(now E) as his personal checking account and cannot now reveal this information in public? Could it be that RJ has been using memory or some other unreliable means to keep books? Could it mean that RJ and other insiders have used public funds to pay $10MM for a mine and could now buy back all of the public shares for $1.5MM? A very nice profit, if I may say so.

I believe that this stock, on the Pink Sheets will trade around $0.01 X $0.06 bid and ask. With RJ et al being the only buyers, they could quite effectively set the bid and own this company at very attractive prices. Then, they could do it again.

Just my thoughts. But what do I know?

Dissolusioned Bruce