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

To: Bob Walsh who wrote (5253)	3/6/1998 8:31:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 14226

Bob, last time I had dinner with Jensen, he refused to even look at a bottle, I shudder of the thought of him drinking any. How about coming up with another rationalization? Like: The results were so good, they passed out cold? Zeev

To: Bob Walsh who wrote (5253)	3/6/1998 8:47:00 PM
From: JACK R. SMITH JR.	Read Replies (1) \| Respond to of 14226

Bob, And this is to all!! I see great progress here and I am the first to admit that Dennis DeNoble is the inheritor of some severe PR problems. I do not expect for them to be solved overnight and I know that he is still orienting himself. Believe me, I unserstand, as I was thrown into some real tough jobs as an Army Officer and expected to hit the ground running and I had no idea which way was north and where the "chow hall" was, much less where my tent or my "bunk" was located. We have all more or less vented our frustration, and I, for one found it very therapeutic. On the practical side, I realize that it may take some time for real improvements to be made and we must give Dennis some breathing room here. On the impractical side, it is without doubt time for an announcement from the company, and I certainly hope that it makes good sense to all who read it. Let us assume that the ore has 5 ounces of gold equivalent per ton this is conservative in relation to all previous estimates. Then let us assume that the company can extract only a fraction of that. I am extremely interested in the value of that fraction that they can practically extract. That fraction can represent success or failure. A tactical move by the company would be to extract what they can economically extract, pile the tailings and take the profits. Get profitable at all costs!!--A strategic move would to pile the tailings while making a profit and work on processes to reprocess the tailings. I was heartened by a post by Mike Wendell from the work of Stan Wardle on "multiple exposures of ores to leachants". I think that all can see how this might apply to a company which has piles of tailings which made them profitable. I wish the best to Dennis DeNoble and GPGI and all its Officers, Directors, and most of all, its loyal and dedicated and reasonable stockholders. I fervently feel that great, great progress is being made at GPGI, as well as the DD scenario in general. Answers will be had and profits will be made. It is extremely important to me that GPGI get its act together reference what is reported to us and may it be real, simply understood and factual. That is all that I ask. Best to all!! Perhaps to be "a happier", Jack