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


To: Randall E. Brubaker who wrote (6581)7/10/1998 12:25:00 PM
From: Ed Fishbaine  Respond to of 14226
 
Randall,

Thanks for the kind words. I'm definitely here watching closely. Frankly I'm surprised at the action. One never knows when things will pop even though one is convinced about the fundamentals.

My guess is that whoever the heavy provider of shares was he or she has pulled back and once this supply is no longer available the shares inevitably are moving to a more accurate evaluation as a speculation. This does not mean that the seller is gone, but with the present volume and spreading interest and awareness of the company it probably doesn't matter if she or he comes back in at this time.

Also Mckay'recent posts have been quite powerful. The US Power funding for a million is helpful and the class action suit by IPM shareholders is also going to bring attention to the desert dirts. With Global going to make some announcements soon IMO, the stars seem to be lining up in our favor.

I think that what we are seeing today is only the beginning. Remember that what GPGI is reporting by way of initial production plans ( the promise of 15 tons per day by July 15th) is only a tiny fraction of the rate at what it can and undoubtedly will be producing
with only minimal infrastructure additions. Have pity on poor Stillwater. Unless their CEO is alert and picks up dd leases or joint ventures with GPGI or other dds they will be out of business in less than 2 years IMO.

Regards, Ed