To: Ed Fishbaine who wrote (12324 ) 11/17/1999 10:42:00 PM From: d:oug Read Replies (1) | Respond to of 14226
Ed, rather that I continue with my off the wall posts to explain how I undestand what Global is about, I would appreciate it if you could identify if we on this thread should base our discussion only on official available information from Global posted Oct 7 last month, or include the speculation information you received from Twiford last month that seems to have changed the scope and direction of the last Global release of Oct 7. The reason I ask this is because you posted information that you received from Twiford in either a telephone or e-mail contact, and my last understanding was that Twiford was not an employee of Global, but payed as an outside contractor doing consultant work for Global. As to the terms and agreements of his contract to Global we have no idea as to the legal rights of what new knowledge he obtains while on Global time, and if he can take any with him for his own use outside of Global. I am sure that if Jensen regards Twiford more than an outside contractor, that Jensen might give Twiford permission to share in any research wealth outside the company Global, for example, that J & T Cat Company owned by Jensen and Twiford might obtain information derived from Twiford's work for Global at Global. This ofcourse would be contested as unfair by the shareholders, and seened as Jensen giving away company property in a way to violate his duty as president of this company. Everything I have posted prior to this post is obtained thru a lack of communication from Global to shareholders, which transforms itself into concern for our investment, and a follow thru to unfounded and sometimes wild speculation. At this point in time it is noted that Global has, and thus I assume still does, monitor this SI thread, and it is now noted that Global has not addressed any concern to the posts on this thread, leading to my conclusion that Global does not feel any damaging or invalid information towards Global is obtained thru a read of the posts on this thread. If it was the case then Global would have addressed this long ago either thru a news release or thru legal means directed thru SI administration. Noted is that this type of wild or nonsense or off the wall speculation has been a constant presents on this thread for over a year, and thus notification of its presents has been clearly present for Global to accept and deal with, and at present the statement from Global is to accept it as a non problem. Follows is the latest official release from Global, and if we accept this as still valid and ignore any heresay from you thru the person Twiford who is not an employee of Global, then lets discuss what Global last said and where we are as shareholders about it. Doug OTCBB: GPGI October 7, 1999 Global Platinum + Gold, Inc. Announces Order For Production Facility SALT LAKE CITY, Oct. 7 /PRNewswire/ -- The following is being issued by Global Platinum + Gold, Inc. (OTC Bulletin Board: GPGI - news): Global is pleased to announce that it has reached an agreement to have a small turnkey production facility constructed and delivered to our mill site in approximately three weeks from date. This agreement arises out of a successful laboratory demonstration wherein Global's leach solutions were found to be compatible with a technology provided to us by our supplier. For the past number of weeks, Global has been engaged in developing and testing a new leach and precipitation method. The assays of the leach precipitate show significant amounts of gold, platinum, palladium and rhodium. As of this date, Global as in inventory approximately 75 pounds of dried precipitate and intends to recover the precious metals therefrom utilizing this new production facility. Global believes these recent developments represent an extraordinary turning point in Global's ability to recover platinum group metals from its ores. It is to be emphasized the turnkey facility we have now contracted for to be constructed and delivered to our mill site is in essence a pilot plant. Once a determination is made this technology works satisfactorily, then Global intends to move up to a much larger production facility. Our supplier has also agreed to make available their technical personnel to put the plant into operation and train Global's personnel in the operation of the plant. One of the many advantages of using this technology is that the platinum group metals alluded from each days operations require little or no further refining and can be sold immediately to the end user. This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations 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. For information contact: Robert J. Nielson 801-277-0744