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


To: Mike McKay who wrote (7694)10/1/1998 2:30:00 PM
From: Lee Bush  Respond to of 14226
 
Mike: Thanks again for the report. I wonder if you got any feeling from the people at GPGI about the 'government' situation. Is this going to be cleared up soon? Also, do you think that the lower returns from some of the shipments were because of poor processing, or is there a problem with the ore pile consistency?
Thanks,
Lee




To: Mike McKay who wrote (7694)10/1/1998 2:54:00 PM
From: Laser  Read Replies (2) | Respond to of 14226
 
>>The objective is to have the plant ready to go to a 50-ton per day production mode as soon as we get government approval. From a technical point-of-view the system, methods, etc. work.<<

I don't think so. The 15 TPD hasn't proved reliable, so how can we assume a 50 TPD operation would? Let's face it, in reality the process is not reliable and scale up won't fix this problem.

>>In my proposal to Mr.Jensen I am recommending that a 50-ton trial be initiated as soon as we have government clearance. This 50-ton trial would be reported in detail with respect to cost, profit, etc.......<<

So the numbers from the previous pilot test are redundant, so let's throw out some newer ones. I cannot believe what is happening here. Instead of fixing the process problems at the 15 TPD level, we are now going to proceed to the big time regardless. Time to spend the investors money wisely and hire a consultant with some expertise in current PGM extraction.




To: Mike McKay who wrote (7694)10/1/1998 4:09:00 PM
From: Scott Wheeler  Respond to of 14226
 
Mr. McKay, I wish to extend my appreciation for your efforts at the
mill on behalf of yourself and fellow Global owners. IMO it is just
this kind of skilled shareholder activism and partnership that will
bring the enterprise to fruition. While many of us discussants find the gratuitious sneering at Global's efforts irritating, even demoralizing, perhaps we can think of the net 'profit' in shareholder morale yielded from your hard work and reports as the bellweather of future equity. Thank you...SW



To: Mike McKay who wrote (7694)10/1/1998 9:45:00 PM
From: SnakeInATuxedo  Respond to of 14226
 
My good friend Chancellor Bismarck asked that I relay this message from him to you...

Thank you very, very much for the update; as you can see from the remarks posted after yours, even that amount of information which you decided to reveal was more than some should know. This is exactly the point a certain correspondent tried to make, obviously without success, in a recent entreaty to you. A mistake is only injurious with finality, however, if it is repeated or ignored and I am confident that your innate intelligence enables you to assimilate the lessons which may be derived in this instance. Onward.

CL, The Only

$^)



To: Mike McKay who wrote (7694)11/5/1998 12:10:00 PM
From: Geoffrey J. Hay  Respond to of 14226
 
Dear Mike McKay,

Like yourself and many others on this thread, I believe in GPGI, and have ridden many ups and downs during the last 3 years. I applaud your timely interaction, and professionalism, and have a simple question for you based on your current actions:

Background info:

I'm a Canadian, I have GPGI in my RRSPs, and I'm way over my foreign content limit. Apart from the low share price, this also means I'm getting penalized on a tri-monthly basis...Double WAMMY - owch!!!

Question:

If your insurance co is Candian based, is there anyway to purchase shares in your insurance co, which I presume will, has, and or, will continue to invest in GPGI; or is your insurance co, completely unassociated with GPGI from an investment perspective?

ok, it became a couple of questions, nevertheless, I look forward to your response,

Regards,

Geoff.