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

To: stanley new who wrote (5925)	5/8/1998 8:16:00 PM
From: Bob Walsh	Read Replies (1) \| Respond to of 14226

stanley, they have been broke for a long time. They raise cash by selling stock every so often. A short term goal is to generate enough cash on an ongoing basis from the sale of metals to meet their weekly/monthly expense needs and thus stop selling stock. Regards, Bob

To: stanley new who wrote (5925)	5/8/1998 8:32:00 PM
From: Randall E. Brubaker	Read Replies (1) \| Respond to of 14226

The financial statements as I read them are as of 5/31/97. This makes them almost useless for judgment of current liquidity. I hope we'll get some more current info soon. I expect more capital has been raised since 5/31/97. I doubt that the people added this year are working for free. Actually, I think that the addition of DeNoble and Skinner pretty clearly imply that the company has some money. How long they can hold out without becoming self-sustaining is what I would like to know. Randall