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

To: Zeev Hed who wrote (8065)	10/23/1998 8:18:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 14226

Zeev, thanks for the analysis, that's what I suspected. However we must keep this in perspective. I used to follow a palladium producer PLD.T that hasn't made a penny in years and loses every quarter. Their earnings are -$6.43C/s while their stock is still $1.80C. Stillwater didn't make any money for some number of years. GPGI just breaking even at this stage of development would be very encouraging if it were not for the need of profit to fund operations. It may be very difficult for GPGI to get high quality funding without a COC bankable audit. Optimists can only hope that either OPT is higher than 1, or costs can be significantly reduced. Maybe a moderate improvement in each? Ed's comment about not returning the inquart on the poor runs is very encouraging IMO.