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


To: Larry Brubaker who wrote (7829)10/7/1998 10:39:00 AM
From: Richard Mazzarella  Respond to of 14226
 
Larry, <<1 opt from reading Zeev on this thread>> I think it was Zeev extrapolating based on original estimates of 8 OPT that were shown to be 3 OPT. 3 OPT equivalent isn't shabby, check the grades for most of the majors. If the ore pile is homogenous (that's what the company claims), it probably represents a concentration of 3-4 screening head ore that is somewhere around 1 OPT, very rich indeed. That's what has my interest here, the possibility of an enormous rich ore deposit. That's where the investment speculation should be IMO, all this mining stuff is just for demonstration purpose (proof of economic recovery). A major will eventually be doing the mining at GPGI IMO. All the cash flow for continued operations is just a bunch of wishful amateur thinking IMO, it's the dirt potential, that's the value. However, I will admit to being far ahead of the investment curve and there are a number of things that GPGI can do to blow my speculation before any investment reward can be realized.