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


To: JACK R. SMITH JR. who wrote (8264)11/7/1998 11:25:00 AM
From: Zeev Hed  Read Replies (4) | Respond to of 14226
 
Jack, I swear by the G-D of my ancestors (Abraham, Isaac, Jacob and Moses) that I am not short this or any other stock.

10 oz/ton of head (screened) ore is great, but we have heard numbers as high (and higher) then that before. Mike does mention a possible problem in the subsequent firing of the precipitates from the leach solution. I will repeat my skepticism that if the goodies are in solution (namely, the goodies are in ionic state rather then still locked in a "micro-matrix" in another form) in the leach solution, then why is a smelting process required at all?

I will also state that if the news is indeed so bullish, who has been selling close to 500,000 shares last week? We never did get three white soldiers. As far as I can see from the chart, we may still get some "bad news" in the near future.

Let see how this release is received by the market. If you see "selling on the news", beware.

Zeev