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

To: Ed Fishbaine who wrote (7839)	10/8/1998 8:16:00 PM
From: Richard Mazzarella	Respond to of 14226

Ed, <<The answer is no confidence in mangement---plain and simple.>> Does that include Jensen?

To: Ed Fishbaine who wrote (7839)	10/8/1998 8:56:00 PM
From: Jeff Williams	Read Replies (2) \| Respond to of 14226

Ed: When you say, "the replacement of current management," to whom are you referring? Dick Jensen, Russ Twiford, Sonny LaMont, Wayne Palmer, or all of the above and more? I disagree with you on at least four of these gentlemen, and I'll tell you why. Look, I don't think you have it totally correct as to why the share price is so low. Yes, there have been PR failures over the years, and expectations were raised several times and the company failed to deliver. But, more than that, I think we'll find out ultimately that there is a "dark force" that has almost succeeded in driving us into the ground in an effort to cause our bankruptcy. I think there are substantial mining interests in the world that want to see GPGI's failure as a mining venture and as a public company. I think people (and maybe a few institutions as well) are waiting to see what kind of cash flow 50 tons per day will bring. If, as Mike McKay said revenues should cover all overhead and expense and produce a nice profit as well, then I think you'll see a lot of attention focused on this company very quickly and a large spike in the price IMO. If this occurs, no one will be talking about changing management of a debt free company that has the incredible potential for cash flow that GPGI has. On the other hand, if 50 tons per day cannot achieve those results, then God help me and you because then 28 cents will be the most you'll see GPGI trading at for a long time IMO. Regards, Jeff