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

To: Jafco who wrote (5185)	2/26/1998 8:56:00 PM
From: JACK R. SMITH JR.	Read Replies (2) \| Respond to of 14226

Jafco, Unless they develop their own refining capacity, then the answer is yes. I am no expert on their ores, but I think that the answer is yes. GPGI is experiencing advanced problems because of their advanced posture in this DD picture. They are breaking ground for all the DD's and frankly, it has not been easy. To those who try and fail and try again and again comes success. No hard task has ever been overcome by promoters of stock, but by the relentless work of those who seek to solve the mining, extraction and refining problems of an orebody. My opinion is that there is great progress by GPGI and I laud them for that. I must state here that there are others involved in these problems and some other companies and concerns are also making great progress. This issue will be resolved through the tireless efforts of those who attack the technical issues and the mining and refining issues in a realistic way. All the DD's will need a refiner. I was heartened when I heard of the association between GPGI and Consolidated Noble and think that this association should continue. My feeling is that GPGI was urgently seeking a refiner and perhaps there were some misunderstanings. In representing Consolidated Noble as an active refiner, they erred. It perhaps will be a large one someday, and I hope soon, but they are involved in understanding and developing processes for the extraction of precious metals from a multitude of ores, including the "unconventional" ores. It is certainly my hope that GPGI has found its refiner in Auric. Certainly Auric has the proper attitude toward the "unconventional" ores and certainly there are process improvements to be made by all parties. I hope that GPGI does not overwhelm them with future possibilites, but concentrates on building a stream of profitable shipments to them and quietly reports the results to its stockholders. Forget the rest of the investment community. Do not announce it to the world, just do it quietly and discreetly, and some snitch will tell another and the world will find out and come clammering to our door!! Sell dear, my friends when that happens, if it happens. Gold to rally, palladium down, platinum up, silver could go either way, copper up. Anyone interested in 200 tons of Soya meal? Commidity Trader, Jack