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

To: Scott Wheeler who wrote (8201)	11/4/1998 4:47:00 PM
From: Ed Fishbaine	Read Replies (2) \| Respond to of 14226

Scott Is it optimism, a polyanish bent, or a professional tendency to protect the lame, bumbling and marginally adequate which leads you to your defense of Jensen et al? A CEO cannot run a company from 700 miles away and know what is going on. Also he would have to be competent to understand what is going on even if he was on site. The quantity of unimaginable error which has pervaded the mill operation is a story which will be told later on, after GPGI is at $50 per share. And it will be hard to believe. For the nonce McKay is running the show and his middle name is competence. My illness is excessive optimism and seeing the silver lining. This leads me to the thought that had Jensen et al been competent when the shares were $2+ I would hold far fewer shares than I do. I also hope the shorts drive the price to 10 cents from here because then I will really plow in the cash. Noone can know if 23 cents was the bottom. My guess is that it is not. There are shorts who have killed all the other desert sand companies and they are convinced that GPGI is just another patsy. Ultimately they will be killed but not without a fight. Tell me who was on the sell side of the 170,000 shares today where there was no movement in the price? Was it longs? I doubt it. It was shorts protecting themselves. This makes me glad and I hope they have plenty of dollars to drive the price down. To the extent that they do there will be a spike to the upside when McKay starts producing. I admire your supportive attitude. You are probably an effective psychotherapist. Regards, Ed

To: Scott Wheeler who wrote (8201)	11/4/1998 6:15:00 PM
From: Dennis DeNoble	Read Replies (2) \| Respond to of 14226

To All The following news release shall be published by PRNEWSWIRE tomorrow at 9:00 Eastern Standard Time Salt Lake City, November 5, 1998 /PRNEWSWIRE/--Global Platinum + Gold, Inc. (OTC Bulletin Board: GPGI) MDM Insurance Services Inc to manage production at Hassayampa facility The Board of Directors is very pleased to announce that an Agreement has been entered into with MDM Insurance Services Inc. (MDM) of Canada, where MDM shall assume management responsibility for getting Global's Hassayampa Mining facility into commercial production. MDM's president, Mr. Mike McKay, has extensive background experience in chemical metallurgy. His experience in projects ranges from the treatment of slags/dross, the addition of titanium/boron compounds to aluminum, wetting agents to remove non-metallic inclusions from molten metals, sulfur removal in steel and iron and molding parting agents for anode casting machines. Mr. McKay visited virtually every molten metal plant in Canada with additional trips to the USA, New Zealand, Australia, Mexico, Dominican Republic, Europe and the United Kingdom. In addition to Mr. McKay's personal experience, Mr. McKay has many contacts in the metals and mining industry. Mr. McKay is co-founder and president of MDM Insurance Services Inc, a Canadian corporation that successfully engages in the processing and adjudication of health, dental, and disability insurance claims. Mr. McKay first became involved with Global Platinum + Gold, Inc. in late summer of 1997, and has a significant monetary investment in the future of Global. Since that time he has visited the Hassayampa facility on several occasions and has been instrumental in incorporating a number of material and significant changes in Global's method of operations. In recent months Mr. McKay has taken a hands on approach to precious metals processing at Hassayampa. In tandem with Mr. Palmer, Mr. Twiford, and other employees, he has instituted improvements in plant design and quality control safeguards, among other contributions. The Board of Directors feel that Mr. McKay, with his financial commitment, his proven management skills, combined with his knowledge of chemistry and metals processing makes for a much need addition to the Global Platinum + Gold team. In addition, the Board of Directors is pleased to announce that a Consulting Agreement has been entered into with Mr. Michael Leece, who will work under the direction of Mr. McKay. Mr. Leece has extensive experience in the production methods used by GPGI. Mr. Leece's education includes a Bachelor of Science in Material Science Engineering, a Bachelor of Science in Metallurgy from Michigan State University, an Associate Degree in Electronics and Computer Engineering from Mission College in Santa Clara, California and a Certificate Degree in Health, Safety and Hazardous Waste Management from the University of California, Santa Cruz. In the past Mr. Leece has been retained as a consultant for Northrop Grumman Corporation, U.S. Pipe and Foundry Company, Westinghouse Electric Corporation and Water Purification U.S.A. and he has worked for Westinghouse Electric Corporation, Lockheed Missiles and Space Corporation and Morton Thiokol Incorporated. Mr. Leece has agreed to provide his services to Global for an initial 10 week period, 3 days per week.