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

To: Harry Roberts who wrote (7167)	9/1/1998 1:09:00 PM
From: Randall E. Brubaker	Respond to of 14226

All in due time. As Zeev said once, the first priority should be survival. For GPGI at 45 cents (or lower?), this means positive cash flow so they don't have to rely on access to capital markets.

To: Harry Roberts who wrote (7167)	9/1/1998 1:37:00 PM
From: Ed Fishbaine	Read Replies (2) \| Respond to of 14226

Hi Harry, You make some astute observations. The only problem is they do not apply to GPGI. What you and many others fail to grasp is that Global is not an ordinary situation. It represents a sea change in the history of mining. Never before has it been possible to scoop precious metals from the surface of the earth. The industry has always had to be a labor and capital intensive operation. That's why precious metals are so expensive. Global will change the manner of mining for them which has persisted from as long as 5000 years ago. A comparison of Global to Stillwater is not apt. Certainly Stillwater has a big board listing and a following and sells at a very high price because it is the only pgm producer in the U.S. You are correct that Global will need PR, but not to the extent that a typical company needs it. It wont be your friends and acquaintances who will buy this stock ( until it is far, far advanced in price). It is too arcane for most people. The average guy doen't get involved until much later. I disagree with you about the big boys. It will be precisely those fellows who will get in early. Believe me, with platinum in short supply in the US any demonstration that Global can be a producer will generate a great deal of interest in the mining community and they will start their own due diligence. My bet is that initial checks will do very little price wise, perhaps getting the shares to the $1-$2 range when it becomes evident to the current followers that it is real and alive. But the truly big move will occur when the mining industry makes its move. My time frame is the first quarter of 1999. But be aware, the big boys are not going to telegraph their interest. There will be upward movement prior to the news getting out. Regards, Ed