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

To: Bob Walsh who wrote (6969)	8/12/1998 5:13:00 PM
From: Harry Roberts	Read Replies (1) \| Respond to of 14226

The following appeared today on Leroy Stockman's forum. Never heard of this Mike in Florida guy before -- anyone else? SUBJECT; GLOBAL PLATINUM & GOLD GPGI FROM; MIKE IN FLORIDA Today, Global is the lowest I have ever seen it. On July 8, I bought shares at .55. Within a week it was over l.40. Then just as fast, it dropped again. Today it opened at .55 and went down to close at .46. The stock price is abysmal, but the news is great. Since July l0, GPGI has been in production. Currently they are mining about l5 tons of the stockpiled sands per day. However, until more resin columns are installed, they will not be able to handle all that material to completion, so they are stockpiling what they cannot finish. IT will probably take another month before they become self sufficient. Checks will arrive about a month after the material is shipped to the refiner. The estimate of $l000 per ton of material has been confirmed by the refiner. Once the production circle has been completed and self-sufficiency is established, there will be little difficulty in ramping up production for major income and profit. One hundred tons per day by the end of this year is the goal. Each ton produces a profit of $400 to $500. Do your own research and your own figuring. Will this remain a .46 stock?