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

To: Bob Walsh who wrote (7255)	9/8/1998 10:33:00 PM
From: Jafco	Respond to of 14226

Bob, Excellent post, but why is it such a secret how much $$$ on the check? We all should know the RH is not included, and besides, don't we, the stockholders own the company?? Just my thoughts. Joe

To: Bob Walsh who wrote (7255)	9/8/1998 11:14:00 PM
From: Randall E. Brubaker	Read Replies (2) \| Respond to of 14226

Bob: The way I read it was that GPGI did its own assay for the actual shipments for which they have just been paid. Thus this might be different from the assay of $1010 determined earlier. It's meaningful that Sabin got a little more than GPGI did, however, even if the assay was not $1010. I don't know why they didn't just give the numbers. If they were low numbers, I don't think the result would be worse than the suspicions raised by their obvious decision not to be forthcoming about this. I think they have misjudged here, in trying to control the flow of information. They've been very free in telling us about weekly shipments, ramping up, etc. but now that money is on the table they're not saying. If they didn't intend to release info right away when the first payments were received, why didn't they say so a month or so ago? This doesn't look good to me, but the action of the stock price will tell us the story. I've had the impression the last few days that we may have a committed buyer now as well as a committed seller. I also noted those two large blocks at the bid price today, but the stock didn't go down. Randall

To: Bob Walsh who wrote (7255)	9/9/1998 12:37:00 AM
From: Jeff Williams	Respond to of 14226

Bob: EXACTLY RIGHT!!! Releasing figures that would be misleading as to current capabilities would be tantamount to fraud, IMO. They (GPGI) has told us that they have improved their recovery rates. They have warned the 1st checks would be small. I'm sure MSFT's first checks were small too. I've been waiting 15 or 16 years. I'm willing to wait a few months more to see this puppy FINALLY come into its own as a domestic producer of PGM's, and we'll see what they're getting when they stabilize production. Regards, Jeff

To: Bob Walsh who wrote (7255)	9/9/1998 2:22:00 PM
From: Bob Jagow	Read Replies (1) \| Respond to of 14226

Bob, The full quote was "Global plans to report settlement payments when a series of such payments can reflect both an average over time plus an indication of the direction in which payments are heading. It is also too early for Global to be able to offer a reliable estimate of the quantity of head ore required to produce a given quantity of metal. Those figures will be available at such time as we stabilize production." Don't the two payments received to date reflect both?