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


To: Scott Wheeler who wrote (6410)6/26/1998 12:06:00 PM
From: Bob Walsh  Read Replies (2) | Respond to of 14226
 
Scott and all, I hadn't realized that I have been in this for two years. We are further along than we were two years ago. The process "appears" to have been stabilized (finally). We have a calculation of value back to the head ore. We have a good production manager. GPGI is close to being on a self sustaining basis (if GPGI gets anything near $1000 per ton less refiner charges) with no further share dilution for ongoing operations.

What don't we have yet:
(1)The first check from Sabin initially validating GPGI's estimates and new (or refined) process and
(2) A series of about 5 to 10 checks from Sabin further validating the estimates and process.

Regards,
Bob