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

To: Rod Currie who wrote (5500)	3/31/1998 3:05:00 PM
From: Chuca Marsh	Respond to of 14226

Rod, <<..it is important that instead of trying to 'defend' our positions it behooves us to listen carefully and attempt to absorb all views on an issue...>> Yes, Rod, so sorry also to Jim C. Boy did I confuse some basis. No exclamation points, I must attempt withdrawal. The future is something to behold, yet cautiously. So in that spirit I will attempt to justify a valuation with some of my famous decimals. <<..Quick Calculcation; $50,000,000 of added value, that is nice. Head ore in grams / ton (So I set values at a basis of Value on OZ Per Ton)( Jar is Turned upside down to avoid leakage due to reverse of Grams to Ounces via my Known constants for $300 abouts OPT Gold; $6.00 OPT AG-silver etc)( It's my calc so if you want to reverse it go ahead-it comes out the same!) ( Must be like my reverse DD understandings that put me lopesideed at first instead of Balance as should be!) Gold...........1.82.....$ 500 Silver.........11.01....$ 50 Platinum....5.69........$ 1,300 Palladium..2.40.........$ 500 Rhodium...3.22 .........$ 900 ..........................$3,250 Divide to reequalize Grams for Ounces by a factor of 30( To Correlate value into Ounces from Grams)..= $110 per TON = 500,000 Tons = $55,000,000 about 2 bucks per share Asset Value here. ..>> So Richie wants to say 10% of this figure is "just laying on top of the ground <in the ground calc.> and Mr Ed F wants to augment it plus 10 % for depth...we have a quandry, so just compromise and cut my per share value in HALF!!! ! ONE BUCK VALUE per share. Methinks Richies' buyin back in, and he brings to mind his many famous Epeisals on the WORD...agenda. JMO Chucagenda -$27,500,000 just laying Ontopo the Ground, hey WEAVER CREEK is damn important, so musch so I put my money where my mouth was for there. Location, Location, & *LOCATION@#$%^&()_** Imissed that pppoint but not always.