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

To: Bob Walsh who wrote (4241)	11/19/1997 10:25:00 AM
From: SnakeInATuxedo	Read Replies (1) \| Respond to of 14226

<<This amounts to 375 pounds per week.>> Ummm.. no, a little better than that... remember, there are 12 troy ounces to a pound, so 6000 ounces, and I'm assuming they're talking troy ounces here, equates to 500 pounds.

To: Bob Walsh who wrote (4241)	11/19/1997 11:15:00 AM
From: jack parker	Respond to of 14226

Easy now with those wild values. It's too early to count the chicks yet. Ed and Dick have both mentioned that the 2nd refiner is expanding production as we speak. Global should look into doing their own ramped up, larger capacity, at the mill site, refinery when cash flow allows. Dick knows that he can swamp the capacity of most small refiners and is seeking solutions. From the conversations with Dick, it seems a simple matter to increase the daily production rates on site per shift when he has a place to send those quantities. I didn't share the 6,000 oz figure to ya'll excited, just to let you know production as usual daily at Global in spite of IPM's meltdown. When Dick releases figures it will be iron clad and provable from refinery checks. The doubters can arrange a trip to the mill and see the metal being poured proir to shipment. regards, jp