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

To: Richard Mazzarella who wrote (7043)	8/24/1998 4:49:00 PM
From: Chuck Bleakney	Read Replies (1) \| Respond to of 14226

How much cash do you think GPGI has on hand and how much does it cost to stuff the pipeline? My reading on the low price is that GPGI has been selling shares to come up with the needed cash. Until the cash starts to flow steadily backwards they will have to continue to do so. My guess is that the inquart that they use to seed the process ups the actual value of material in the pipeline enough to be painful. Especially the stuff that takes 90 days plus to process back out. That plus the fact they are trying to ramp up the production should keep them in the red for a while longer. Just how much longer is the million dollar question... I believe that when they come out of the gate they are initially going to come out pretty quick. It might be difficult to catch when it starts, especially if they're too busy to yank the whistle... ;>) Chuck