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

To: Mark Donahue who wrote (4800)	1/21/1998 5:10:00 PM
From: Chuck Bleakney	Respond to of 14226

Yes it's definitely progress... but more is needed and I'm just trying to determine about how much before they can attain a real "Jr" status. That is the point at which this stock should really take off, or maybe a little prior to that. By my "back of the napkin" calculations Auric or the like would need to bring more of this capacity online. GPGI would need to process significantly more material (meaning more hardware investment). It "sounds" like a couple million spent by each party could make this process yield about 1/4 million revenue per month, and that doesn't seem like too bad of a ROI. More as they tweak it to higher yield percentages. Wish I had real numbers to play with. It would also be interesting to find out how much of those values Auric keeps for the part it plays... it would have to be significant for them to consider the above kind of outlay, along with a agreement to receive x tons per month of dore for processing. Chuck