Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: san antonio group who wrote (8373)	11/10/1998 2:29:00 PM
From: Zeev Hed	Respond to of 14226

SAG, with these kind of stocks, the worse thing you can do is become emotional. It seems that the shorts (if they indeed are the villains) have the upper hand again, they have been shorting from $.37 yesterday to a low of $.3 today, and frankly, I do not see any new news release soon to stem the decline, so Doug might very well have a chance at $.25. The real question is if he has a chance at sub $.20 shares. Zeev

To: san antonio group who wrote (8373)	11/10/1998 4:39:00 PM
From: Ed Fishbaine	Read Replies (2) \| Respond to of 14226

SAG The shorts may win the battle but they will lose the war. As I have previously posted, I would not mind seeing them drive the price to 10 cents where I would double my position, but after the news from McKay I doubt that this will happen. The basic question is not the stock price. This means nothing at this time. The basic question is will we get into economic production. Those longs who unload at 30 cents are betting "no" and the shorts are only doing their thing. When I speak to long term holders who are not well versed in the fundamentals I hear frustration, disappointment, impatience. Those who are up on fundamentals are optimistic. The players who think only in terms of stock price are sellers. Those who see this as a company either hold or buy because they grasp the potential. Regards, Ed

To: san antonio group who wrote (8373)	11/11/1998 12:49:00 AM
From: d:oug	Respond to of 14226

san antonio group, I am not offended and only want those that hold shares in desert dirt companes to pull together for a successful outcome. As for me not yet buying into GPGI is a reflection that negative forces like shorts may drive down the price, and since I have enough other desert dirt company stock to satisfy the amount of financial return hoped for, I will either leave the table with all my money or be lucky thru a wait to enter in at a new low. Thats the nature of highly speculative stocks, and we all try to do it this way. As for the .25 share price number, I follow Zeev's thinking, in that each time an event happens, what is the trend and what is the current status, and soon to happen events. The Mike McKay factor has not yet been demonstrated thru an event like a news release of GPGI making money thru sale of precious metals that can be repeated on a continuous basis. Past company news releases have not proven out, and that has been recorded by the shareholders on this thread. New and current investors don't need bad posts from shorters to give them a reason to sell or not buy. Current shareholders have posted enough to cause concern. I will guess that before GPGI can obtain a milestone of successful production of precious metals at a profit, that GPGI has the time to put into place a web site that will cause all current shareholders to put into their posts, very favorable impressions of the company. This would erase a current bad company image with a good, and should directly increase and stablize the stock price until money is made. I agree with Ed's post below, that because of Mike McKay present and direct involvement, the present stock price does not reflect the near future, but the present shorters manulipulation. >>>>>>>>>>>>>>>>>>>>>>>>>>>> From: Ed Fishbaine Tuesday, Nov 10 1998 4:39PM ET The shorts may win the battle but they will lose the war. The basic question is not the stock price. This means nothing at this time. The basic question is will we get into economic production. <<<<<<<<<<<<<<<<<<<<<<<<<<<<< Doug