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

To: Ed Fishbaine who wrote (8918)	12/29/1998 7:42:00 PM
From: Richard Mazzarella	Respond to of 14226

Ed, You state that data as fact. I haven't seen an independent COC analysis for that data, I haven't even seen the data. A few grab assays don't make for a resource determination. So what are we left with, conjecture. <<exceed 1 ounce>> That would be nice and could justify a higher valuation, but let's see it first. If I'm going to speculate on conjecture, I favor the 10s of billions of tons ore potential for my interest here, not some limited $2 stock valued on that ore pile base on reasonable results. Worst case analysis isn't a bad exercise. If all you say comes true, great, but I'm a lot more comfortable investing in something of higher speculation value. Frankly, if all Global had was that ore pile, I wouldn't be an investor.

To: Ed Fishbaine who wrote (8918)	12/30/1998 9:06:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 14226

Ed, an additional thought. I'm concerned that my comments about the ore pile could be misunderstood that I don't care about it. That's not true, I care a lot. That's the little ticket to fund the big speculation opportunity in Global and it minimizes shareholder dilution in the process. It's also a test of recovery technology for the company. If Global can't show economic recovery on source screened ore of 10 OPT, how could they ever do it for more typical lower OPT head ore? While I wouldn't solely invest in Global if they only had the ore pile, I'm glad it's there to bootstrap the operation. And, as you hope, there could be a big surprise in actual recovery that would change the stock price overnight. All surprises can't just be disappointments, can they? <VBG>