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

To: Ed Fishbaine who wrote (6919)	8/5/1998 12:44:00 PM
From: Randall E. Brubaker	Read Replies (2) \| Respond to of 14226

Ed; Your wrote to Bob as follows: "your assumption that the saturation of the resin in the production process is no different than in the assay of the sample may not be correct." Wasn't favorable news on this associated with the recent brief runup, and also has led management to initiate weekly production and shipments? I agree with you that it is wise not to expect 100% efficiency at start-up. Randall

To: Ed Fishbaine who wrote (6919)	8/5/1998 6:12:00 PM
From: Bob Walsh	Read Replies (2) \| Respond to of 14226

Ed and all, my apologies re the number of tons processed per week (and therefor the value of the weekly shipment). The first weeks production was probably about 15 tons total since the resin process took 4 days for 15 tons. The second shipment was probably about the same. They have now added more columns and the resin process now takes 2 days to process 15 tons. They will be expanding the number of resin columns as soon as they can to arrive at 15 tons per day through the resin process. The ball mill is not fixed yet but should be within a few weeks. They were only able to process 10t/day through the slurry phase instead of 15t due to the ball mill. Rain also slowed down production a bit. Thus the first weeks production will probably amount to about $15,000 before refiner fees versus the $75,000 that will be attained when sufficient resin columns allow for a complete 15t per day production. Mea culpa Jack and Ed. Regards, Bob

To: Ed Fishbaine who wrote (6919)	8/11/1998 3:06:00 PM
From: Ed Fishbaine	Read Replies (1) \| Respond to of 14226

To all: As promised, Global made its third shipment to Sabin yesterday. As I surmised in an earlier post, there would be glitches and stumbling in the process of establishing a stable procedure. My guess at this time is that there has been improvement in the procedures and increasing familiarity with the way resin columns behave. I think we can look forward step by step to increasing quantities as well as increasing concentrations of metals in the shipments. McIntyre is out of town and the web site is non-operative at this time. To me it is astounding that the share price retreats at the same time that production is gearing up. Any ideas about why? Regards, Ed