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

To: Randall E. Brubaker who wrote (6678)	7/14/1998 9:16:00 AM
From: SnakeInATuxedo	Read Replies (1) \| Respond to of 14226

<< Debt financing might be somewhere in the future for GPGI >> Metals-backed [ platinum, for example ] bonds. $^)

To: Randall E. Brubaker who wrote (6678)	7/14/1998 10:22:00 AM
From: Hans Smedema	Respond to of 14226

Randall, From their PR, they talk about "a line of credit". That is borrowing to me, but I am dutch. At first I tought it was a PP, but now it got to me, it was a credit line. I agree it could be dangerous, but depending on the terms of the contract of course. If a few month's not paying would be dangerous I wouldn't like it. Better wait until the stock moves higher and use cash for improvement. Still it is amazing USPS did accomplish the financing that way. Glad I have some shares, probably should buy some more before to long. Exiting times, have some GPGI from the moment Ron Struthers recommended it a long time (two years?)ago, always kept it. Liked the low key management style. Hans