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

To: Thor Carlsen who wrote (13161)	6/3/2000 4:10:00 AM
From: Thor Carlsen	Read Replies (1) \| Respond to of 14226

OTCBB: GPGI Global has been actively making preparations for the delivery of the small turnkey production facility referred to therein. Delay in delivery of the plant has been occasioned by significant changes in design of the plant, calculated primarily to allow for a greater flow rate. Construction of the facility is underway and Globals best estimate for delivery is within three weeks from date. Once onsite, the plant will be capable of processing the precipitate from up to 40 tons of ore per day, as opposed to less than 1 ton per day under the original design. Production can commence almost immediately once the plant is delivered. On a more disappointing note, Global has been unable to make its required filing under Form 10SB with the Securities and Exchange Commission, and will therefore be de-listed from the OTCBB on or about December 2, 1999. Global will file as soon as the Company?s auditors complete their examination of the Company?s financial statements for its year ended May 31, 1999 During this interim period, or the time commencing on or about December 2, 1999 through the filing and acceptance by the SEC of the Company?s Form 10SB, the Company?s common stock will be quoted and traded on the National Quotation Bureau ?Pink Sheets? electronic trading system. Shareholders will need to call their brokers to receive quote and volume information and shareholders will no longer be able to retrieve routine information about Globals trading activity from off the internet. Once the filing has been made, it is estimated that the Company will be returned to the OTCBB within 2-3 months. Ultimately it is the Company?s responsibility to make it?s filings on a timely basis, but needless to say we will be changing accounting firms. The Company?s Aquifer Protection Permit Application has been filed with the Arizona Department of Environmental Quality and we have already received our first comments back. GPGI Progress Report November 30, 1999 Since our last Press Release dated October 7, 1999 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 limitation 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 GPGI Progress Report November 30, 1999 Since our last Press Release dated October 7, 1999