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

To: Jeff Williams who wrote (7721)10/1/1998 11:40:00 PM
From: Laser  Respond to of 14226
 
Jeff,

The numbers from the 15tpd pilot test run as reported on June 25/98 are now redundant. The "fixed costs" that you refer to were supposedly able to produce $1,000 worth of metals per ton. We now know this is not the case, otherwise Global would have published the results. In fact, they have admitted that the results are short of expectations. So now you are suggesting that if we push 50 tpd through the plant, based on the June 25/98 fixed costs, somehow a miracle will occur and the operation will turn into profitability. Sounds like a fairy tale to me, but if you guys want to believe this, hey, go ahead.
My bet's on a further slide in share price.



To: Jeff Williams who wrote (7721)10/1/1998 11:41:00 PM
From: Richard Mazzarella  Read Replies (2) | Respond to of 14226
 
Jeff, <<reason why 15 tons per day is not economic and 50 tons per day is>> You have no basis for that statement. How do you know that the 15 ton operation isn't economic? Laser's short, his agenda is to talk the stock down. Don't expect him to be positive. Shorts are lonely, need council, and should be advised to cover soon. <VBG>


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