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


To: Jafco who wrote (12827)2/5/2000 3:41:00 PM
From: Jafco  Respond to of 14226
 
SW asked me to post this for him;
Toronto Star
by: Tony Van Alphen

TORONTO, Feb 04, 2000 (The Canadian Press via COMTEX) -- A Canadian developer of
catalytic converter technology is close to reaching a deal with WescastIndustries
Inc. to manufacture
its latest pollution-fighting product, according to an industry source.
Toronto-based Environmental Solutions Worldwide Inc. will likely sign and announce
a deal later this
month that could eventually increase converter sales for Westcast because of the
new device's ability
to cut auto emissions, the source confirmed Wednesday.
Brantford-based Westcast is already the world's biggest manufacturer and supplier
of cast exhaust
manifolds. The company's customers include General Motors, Ford and Chrysler.

Westcast and Environmental are already working on a pilot project for fleet
testing of the new
technology, the source noted.

Jim Slattery, Wescast's chief financial officer, said he would not discuss any
investment until the
company releases it publicly.

``I won't confirm or deny anything and I don't want you to read anything into
that,' Slattery added.
Spal Singh, co-founder of BBL Technologies, an Environmental Solutions subsidiary,
also would not
comment about any pending deal with Wescast.

Conventional converters use precious metals such as platinum, palladium and
rhodium. But the new
product will not need precious metals because of the technological advances, which
will cut
hydrocarbons, nitrous oxides and carbon monoxide, the source said.

Furthermore, test results have also shown fuel savings, added the source who is
familiar with the
technology.

Auto makers around the world are searching for ways to reduce emissions so they
can meet tougher
environmental standards during the next decade. Wescast, which reported sales of
about $350
million last year, operates eight plants including six in Canada, one in the U.S.
and another one in a
joint venture with Linimar Corp. in Hungary. (Toronto Star)



To: Jafco who wrote (12827)2/7/2000 1:42:00 PM
From: W.F. Schwertley  Read Replies (1) | Respond to of 14226
 
Jafco,

I used to own a truck load of the desert dirt dogs. Like most everyone, SOLD at a LOSS! . Nevertheless, still have a few shares in my retirement account, which explains my GPGI thread interest.

Negativity is GOOD if well deserved. Let us call a spade a spade. GIPI sucks, as does MXAM, NAXOF & MGAU! ITRO, now there is a stock deserving of praise (err good vibes)! Or GOLD & HGMCY! However, GPGI will suck those good vibes right out of you into the GPGI black hole, never to be seen again.

Bitching is also good if it keeps others from throwing their hard earned money down the GPGI rat hole. Show me some good results that actually turn out to be based on reality & I'll re-start up my good vibe generator. Until then, I'll have nothing kind to say about any of the desert dirt dogs. All have a long & dark history of unkept promises and outright hype. They amaze and beguile the less informed with the tricks of their profession! But I know where all of the good vibes go. Rat Hole! Rat Hole! Rat Hole!

Hey, I can feel some of those good vibes returning.
Thanks,
WFS