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

To: Zeev Hed who wrote (4846)	1/24/1998 2:53:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 14226

Zeev: One reason why the share price may not reflect the potential fundamentals is that nobody has shown that they can refine anything close to 5,000 lbs. per day. In addition to capital expenditures that GPGI would need to make to get up to 200 tons per day, it is also quite possible that a refiner would also have to make a substantial capital investment in order to process the product. That seemed to be what was being hinted at a few weeks back when the disappointment with the Wendell/Wardell dog and pony show occurred.