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


To: Richard Mazzarella who wrote (7141)8/31/1998 12:22:00 PM
From: Anthony Zack  Read Replies (1) | Respond to of 14226
 
Hi all,

From Mike McKay's post, it seems that Global is only several months away from very respectable production levels. When economically feasible, I would like to read the press release that announces Global's intent to take some percentage of surplus cashflow and institute a stock buyback program on an ongoing basis. If this stock is under shorting pressure, The inevitable covering plus the sustained buyback pressure should be enough to elevate this stock to small cap status. Can you imagine the effect on DD credibility such an announcement would carry with it.

Any thoughts?
Tony