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


To: Zeev Hed who wrote (4253)11/19/1997 6:09:00 PM
From: Randall E. Brubaker  Respond to of 14226
 
Zeev, I lurk at the IPM thread and value your comments there. I also enjoy ECharters on tanks and armor.



To: Zeev Hed who wrote (4253)11/19/1997 8:11:00 PM
From: JACK R. SMITH JR.  Read Replies (2) | Respond to of 14226
 
Zeev,

IPMCF is a pretty rough thread. They beat up everybody who disagrees with the collective thought. I feel sorry for them and I will not put them down right now. I certainly appreciate your views, not that I always agree. I particularly appreciate your ability to evalute the companies based upon "potential" return. You like rich ores. I have no doubt of that.

If what we have been told about GPGI ores is true, and if they can get the goodies out, then the potential return is very great. I also like rich orebodies. The key here is "do they have the process?" What they must do is produce and get paid! I care not right now that the production does not reach full potential. I care that they have a process to extract the goodies and have a refiner that can process those and pay them a fair price. With any significant cash flow, this will be a much different stock than it is today.

The stock has moved into a penant or flag formation technically. In this formation trading moves into an increasingly narrow range, then breaks to the upside or to the downside. I will keep this simple. I feel a breakout is forthcoming either to the upside or to the downside. My gut feel is upside. Gosh, I whish I could trade options on this one!

Re the refining shipments--I know that there are Troy ounces and Avoirdupois ounces, but I would really appreciate it if they could announce in Apothecary ounces. This, I know:

20 grains = 1 scruple
3 scruples = 1 dram = 60 grains
8 drams = 1 ounce = 480 grains
12 ounces = 1 pound = 5760 grains

we do not use the Troy system, but its ounce and grain are the same, so I am told.

The term grain represents the weight of a grain of wheat!
One Troy pound = 5760 grains
One Avoirdupois pound = 7000 grains

Perhaps you could clue me in on sheckles and talents?

Apothecary Jack



To: Zeev Hed who wrote (4253)11/20/1997 8:20:00 AM
From: jack parker  Respond to of 14226
 
zeev: Just remind those that call your comments "garbage" that one man's trash is someone elses treasure. As far as I'm concerned you can post here and be assured that it will be read and heeded. Thanks for the insight in days past. We will probably need it again very soon.
Regards,
jp