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

To: go4it who wrote (4905)	1/27/1998 11:01:00 PM
From: JACK R. SMITH JR.	Respond to of 14226

Charles, I will be very, very honest with you. I have been a person who had and to this point has great faith in the company and the process and in the whole area of the desert dirts. I have more invested here than I should have and would be most disappointed if it does not work out for me. My broker thinks that I am a fool. I think that he is a fool, also. I would never tell my wife that I have stock in this company, and thankfully, she never asks. If not GPGI, then some creditable company will be the premier company which will overcome the present problem of extracting not only the pgm and gold from unconventional ores, but many other elements, and very economically. In addition to that, I will tell you that we know not now what the most very valuable elements will be. Technology changes and will change and the valuable elements will change with the technology. The PGM group will be much more valualble in the future and as I have said before, perhaps some of the less know "ugly sisters" of the group will become the "swans". Just my humble opinion, and please let no one follow me!! Strange, Jack!

To: go4it who wrote (4905)	1/28/1998 8:33:00 PM
From: JACK R. SMITH JR.	Read Replies (1) \| Respond to of 14226

Charles, Re your question about when GPGI will do it and skeletons. There can, and probably will be further glitches in the machinery, but I feel they are very close to a profitable cash flow and that could happen soon. With the ore values that they are telling us the potential is enormous even on a small scale. What I want to see first is that cash flow that makes them profitable. I have said that for a long time and still say it. I want to and do believe that they can do that soon. The rest is a matter of scale. The folks involved are supremely tenacious. They will never give up. I could be wrong about soon, but I rather doubt it. I believe that they have a workable technology. It may not be the ultimate, but it is workable and they will probably improve that as they go. I know that they are working on that. I have garnered that from individuals outside the company. The numbers are enormous if they are true. I, being a great doubter of numbers do not put credence to them until they have validity. Valid numbers come from bank accounts and balance statements. Fully audited ones, and by competetent and auditors have even greater weight with me. Re skeletons. I know of none, but that does not say that they do not exist. I would doubt it, though. Auditor, Jack