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

To: d:oug who wrote (12536)	12/20/1999 8:37:00 PM
From: d:oug	Respond to of 14226

If all this sounds all too familiar, I will quickly agree with you. But... Note: I (DougAK) have never held, and have no=zero plans short or long term to invest into below mentioned company. I happen to remember others on this thread have mentioned this company, but I may be wrong. But anyway, does anyone see any similiar items with this and Global. Its in Canada and the dirt is probably completely different, but I do not know. It mentions Pods and micro-clusters and Zeev might roll his eyes and shake his head of the "due to the physical and chemical characteristics of these tiny molecules" as science wants to identify what is the nature of the smallest of the small, when you cannot obtain any more subdivision of the last thing discovered, what is it ? Answer: God (maybe). So the above tiny molecule will look like our sun and planets and moon as one "holds" something the size of a dot ascii character'.'. Jay's Weekly Report - Hotline Transcript for Week Ending 11/21/99. J Taylor's Gold Resource & Environmental Stocks newsletter Taylor Hard Money Advisors, P.O. Box 770871, Woodside, N.Y. 11377. ... Birch Mountain Resources, at today's close of C$1.49 or U.S.$1.02. This stock trades on the Alberta Exchange. Its symbol is BMD. Birch Mountain is as much a metallurgical technology play as it is a junior mining company... ... After having such a bad experience during 1996 and 1997 with some other companies that also claimed to on the verge of metallurgical breakthrough technology... According to management, gold and platinum occurs on the Company's Athabaska property in Alberta in the form of micro-clusters... ...due to the physical and chemical characteristics of these tiny molecules, standard fire assays of this material have been unsuccessful... ... Management has said that they have developed a fire assay process that they claim has been successful in measuring a portion of the gold and platinum... ... They also say that one of the most reputable firms in the world have agreed to study this process and confirm or deny the legitimacy of the company's fire assay process. Management also claims to have developed a wet chemistry process for the recovery of gold and platinum group metals from Birch Mountain material, which will also be confirmed by that same engineering firm. If all this sounds all too familiar, I will quickly agree with you. But there are many differences between this company and its project with some of the others that we have talked about in the past... The gold and platinum on the Athabaska property occurs in sedimentary rock and the company has a geological explanation for its presence there. It is my belief that a considerable amount of serious scientific work has been undertaken by Birch Mountain. Because of the soundness of its approach... , I believe the company has a fair chance to develop a ... If so it could be enormous because there are several very large mineralized "pods", on the property and because it seems at this juncture that the economics are potentially very robust... The company has assembled a large number of samples. Management has also hired a well known engineering firm to provide an economic scoping study on this project based on certain assumptions drawn from their experience to date from just one small portion of one many mineralized pods discovered on the property. The combined precious metals (i.e. gold and PGM's was assumed to be 5 grams per ton over a deposit of 66 million tons. If this bears out, this portion of one pod would contain 7.5 million gold equivalent ounces and provides a 15% NPV or $559 million. Could this really be true or is it simply another fictitious trap ? ... scientific discoveries in the lab have little relevance to anything economic until it is proven the technology can be used efficiently on a commercial scale... ...Unlike some of the other mining/technology plays recommended in this newsletter, I believe this company is approaching their project in a very thorough scientific manner... 1999 Copyright Taylor Hard Money Advisors