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

To: David Lee Cooper who wrote (5432)	3/26/1998 12:42:00 PM
From: Ed Fishbaine	Read Replies (2) \| Respond to of 14226

David I seriously doubt that Jensen & Co. are sufficiently skilled as Machiavellians to even conceive of a plot to drive the price down. So far there is no evidence that they have been buying shares and the quantities on the sell side are very small. There is just an absence of buying because those of us convinced of the inherent value of GPGI are already well-positioned. There is no effort or skill at getting new blood involved. As far as any fear of a leveraged buyout goes, who would be the buyer? The metals industry is not at all convinced that the desert dirts are viable. There is absolutely no indication that accumulation is going on Even if the stock drops to 50 cents I dont believe any powerful interest will suddenly wake up to GPGIs potential. It will be the current holders who will be averaging down. As far as buying at $1.00 is concerned I am not doing so. But it could happen that GPGI will suddenly come out with some news and IMO it will be important news and the stock will take off. But if no news is forthcoming over the next few weeks I think the share price will erode. Either way is ok with me because I currently hold a very large position but I will be adding when the super bargain prices develop. I really do believe that this company, despite the criticism we can levy, will be the major speculative winner of this decade.