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

To: Richard Mazzarella who wrote (8812)	12/14/1998 5:37:00 PM
From: Ed Fishbaine	Read Replies (3) \| Respond to of 14226

Richard IMO the lack of follow-up news after the announcement of 10 oz in the leach and precip is responsible for the sell off. Also there is bound to be year end tax loss selling. From what I understand they are running test samples through the furnace aiming for the best recovery possible. Also, there has been improved coordination between the mill assays and Twifords assays which substantiates the movement towards consistency in processing. In other words, they are making progress due to McKays supervision and despite managerial deficiencies. Remember McKay is basically the defacto CEO. The key fact we have in hand is the 10 ounces per ton of ore. This comes from McKay who does not hype and who understates. If the shorters and market makers want to bang the stock because no news is coming out for 10 days or so then it is they who will ultimately suffer. IMO you were not foolish to buy shares at 33 cents. Regards, Ed