To: J.E.Currie who wrote (6804 ) 7/20/1998 1:22:00 AM From: J.E.Currie Read Replies (2) | Respond to of 14226
More credibility issues! Dept of Mines and mineral resources October 17, 1989 Carleen H. Achuff Senior Geologist U.S. Securities and Exchange Commission 410 Seventeenth Stree #700 Denver, CO 80202 Dear Ms. Achuff: It has been approximately one year since we met at the AIME Gold Conference in Reno. As I hope, you remember we discussed several "MINING" Companies and their activities. Thankfully, combined State and Federal regulatory efforts have reduced the number of inquiries, we at the Department of Mines field about suspected fraudulent ventures. However, one company continues to promote itself, its stock and taunt us, and now you (see enclosed article). This group, known as Global Platinum and Gold, has been promoting the Oro Grande property located near Wickenburg as containing substantial Au,Ag,Pt,Rh,Os,Ir!! ore deposit - 160 Million tons valued at $ 500/ton i.e., $ 80 Billion!!, while issueing (?) Million shares, etc. The company's address is: Global Platinum and Gold, Inc. 8421 Top of the World Drive Salt Lake City, Utah 84121 801-943-6884 Please contact me if we can be of further assistance in any SEC inquiry into this matter. Sincerely Yours, Nyal J. Niemuth Mining Engineer Global was cleared of any wrong doing in this Niemuth led inquiry, and yet he has continued on in his unprofessionally devious ways. Additionally, it wasn't until my insistance that the Global File at AZDOM was accorded some "straightening out", seems there were several copies (8) of the 25 year old Twiford letter right on top. This Global file was approximately 4" thick and yet one really had to study the file to find that the Inco reports weren't together as they should be. The Inco July 1989 memorandum (NO pgm FOUND) was right under Twifords. Clearly this file in my opinion was intended to show that Global was a fraud. Also, I find strange that Niemuths' above letter wasn't in the file nor was the there an acknowledgement of the SEC not finding a fraudulent venture. "Fraud is generally defined as a material misstatement of fact which is relied upon to one's detriment. Translated, that means that someone suing for fraud must prove that the defendant lied, knew he was lying, knew, or reasonably should have known that the information would be relied on, that the information was relied on, and that such reliance caused damage." nimuthcogginshall-ghostbusters JE@ back to lurkdom