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

To: Richard Mazzarella who wrote (7725)	10/1/1998 11:56:00 PM
From: Randall E. Brubaker	Read Replies (1) \| Respond to of 14226

I find Laser's presence here kind of interesting, and wonder if he is in fact paid by someone to think up and post negative comments. His depth of knowledge often seems no greater than what has been posted here and released by the company since he showed up a couple of months ago, and I would expect more from someone who is short GPGI for their own account. Randall

To: Richard Mazzarella who wrote (7725)	10/2/1998 2:36:00 PM
From: Jeff Williams	Respond to of 14226

Richard: I think I miss spoke myself for purposes of argument only. <<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?>> I do not know if 15 t/d produces a profit or not. I do not know if 50 t/d is profitable, although Mike McKay says it will be. My only point was that the fixed costs are a larger percentage of the gross revenues at the lower production levels leaving a lesser percentage for any eventual profit. Frankly, I don't care when the shorts cover. I figure they'll bail when the pain gets too great. That thought does sustain me from time to time. Regards, Jeff