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

To: Richard Mazzarella who wrote (8563)	11/14/1998 8:02:00 PM
From: Laser	Read Replies (2) \| Respond to of 14226

Richard, >>>Global is in a difficult situation, it must sell stock to fund operations.<<< If Globals' predictions of a "continuous pipeline of settlement checks" had been feasible, they wouldn't be in this situation.

To: Richard Mazzarella who wrote (8563)	11/15/1998 3:05:00 PM
From: Scott Wheeler	Respond to of 14226

<<Warrants would also create some PR for the company. >> Richard & Ed, I wrote to Dennis and DJ and suggest they reconsider warrants for stockholders of record. The potential (operative word here is "potential") advantages I felt can result from this in addition to good PR are: 1) increased stockholder "loyalty" and participation and possibly deeper commitment 2) probable lengthening of time horizon of shareholders' investment strategy and thus less volatility, thus 3) higher stock price, thus 4) Rule 144 shares worth more 5) more operating funds, thus 6) quickening of the production timetable 7) dimunition of the ratio of short interest relative to long shares, thus less vulnerable to manipulation. There may even be some benefit from markets being made in the warrants themselves, but I'm not smart enough to know if that's true or not. I also pointed out that the beauty of it (although I'm not knowledgeable about legal restrictions, either) is that they would have the ability to titrate the warrants with a great deal of flexibility in several ways to suit their purposes: exercise date, shareholder-of-record date, exercise price and ratio of warrant-to share. There may be more advantages and flexibilities I'm unaware of, and perhaps others here can add to the discussion. Regards, Scott