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


To: JACK R. SMITH JR. who wrote (4518)12/18/1997 10:52:00 PM
From: Chuca Marsh  Respond to of 14226
 
Proven & Probable...no, he is not as such talking that(IMO)(VH)...it is CHANGE is what Mike Wendell is talking..change in banking methods, proven and probable methodologies...the old way is dead...with what he is saying...economics is what can be proven in the LAB(ie maybe in the small custom mill at the mine site):<<.... Before that there were no custom processors and like today, the rules were different. Before the custom processors, the miner came out and mined without support custom industries. Today there are no custom processors and I believe the rules are again different. It is not the mountain of gold that has a dimes worth of value. It's is the ability to produce a dimes worth of gold profit from the mountain. And financing dependent on selling futures will be dependent on track histories and reserves at that time. And the big mining companies will come after the better mines to get the attractive productive reserves, but also to get at the technology that has come the hard way. The other way has been with us for a hundred years. ...>>
Chuca



To: JACK R. SMITH JR. who wrote (4518)12/19/1997 9:34:00 AM
From: francis terry  Read Replies (1) | Respond to of 14226
 
Hi Jack if you, are a poor investor, then I must be in big trouble because I own some stock in ever stock that you talk about. Did not know I was in deep six. Maybe I am lucky, like what I do and enjoy doing it.. Must admit GPGI does try my ability to hang in there and wait, DJ does not know when and what to say about his and my company, his timing or lack of it on press releases is just plain awful. However I still think he is ann honest man. Just not a good manager, wish I was younger and had the chance to help him. What about you? My own openion of cource. Theese are great prices to add to ones position. Just wishing for a good Holiday season for all. Francis Terry.