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


To: JACK R. SMITH JR. who wrote (6931)8/6/1998 11:46:00 PM
From: Jafco  Read Replies (1) | Respond to of 14226
 
Jack
or anyone--
Can any of you get
gpgi update--I have not been able to get anything but "transfer interrupted" for several days.
TIA
Joe



To: JACK R. SMITH JR. who wrote (6931)8/7/1998 10:41:00 AM
From: Bob Walsh  Read Replies (1) | Respond to of 14226
 
Jack, the company did not hide or lie although they could have made their statements about production a little clearer. Many of us (including me) misread or forgot their qualifier concerning rate of production output. The qualifier was that it took 4 to 5 days to process 15 tons through the resin columns - thus their maximum production per day was 15tons/4days or 3.75t per day. They now have more resin columns so 15t now takes 2 days or 7.5t per day total production start to finish. When they again double the resin columns and get the ball mill fixed they will be at 15t per day total production output. Production output after that will steadily increase with first one roadblock to be overcome and then another as new production levels are reached.

The important thing is that they are producing and are increasing their production rates. They are also (apparently) making adjustments to the process to increase the recovery rate of metals.

Keep the faith, we have passed the critical point even though the stock price does not reflect it yet.

Regards,
Bob