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


To: Scott Wheeler who wrote (9014)1/15/1999 11:47:00 AM
From: Zeev Hed  Respond to of 14226
 
Scott, I am afraid this virus maybe a "company retro virus" against which only one remedy is known: Positive cash flow, I would not even say positive cash flow now, , it would be sufficient to have credible visibility of positive cash flow. Until then, the virus and its associated new lows may persist.

Zeev



To: Scott Wheeler who wrote (9014)1/15/1999 11:48:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 14226
 
Scott, there seems to be some pretty good reasons for whine-o-virus. Jack was so prophetic talking wine, only he misspelled it. <VBG> I sense a change in direction that I agree with JE, valuation of the remaining property. This dirt pile thing was only a method to produce operating capital and minimize dilution. The longer this crap goes on, the more dilution anyway. It's time for a different model. Either sell the precipitate directly or just go for the gold and save the tailing for another day. The other method would be to find conventional funding to do a traditional property development. I'm tired of this Chinese water torture dilution, let's get it all at once if necessary. There would be less pain. Also a merger with someone with funding and mining experience would be wonderful. This bullshit has gone on too long.