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

To: Zeev Hed who wrote (9106)	1/29/1999 10:31:00 PM
From: JACK R. SMITH JR.	Read Replies (2) \| Respond to of 14226

Zeev, I cannot begin to vent my frustration here. Perhaps I will stay around as the Devils Advocate! To quote Mark Twain and Tim Hall-- "A mine is a liar standing over a hole in the ground"! That could not be more true here, for that is the case. The unfortunate fact is that because of the nature of the liar and the nature of the deposit, it could be that the liar is the fool and the deposit is real? That remains to be seen. What I do not appreciate, nor condone, and in fact I abhor the fact that two principals would feel the need to grab, to take advantage of the loyal stockholders while contributing next to nothing in terms of result. If the "great catalyst" had produced fantastic results for stockholers, then the view would be quite different, but what we have here is hollow claim and corporate influence. I am not insensitive to their labor, but that has been for the most part a labor which has produced no stockholder value and in fact, a very negative stockholder value. Dick Jensen has severely injured many people in his quest to bring the company to whatever he wanted to bring it to. Clearly, he has not brought it to profatibility. That, I presumed was his charge, but he and Twiford and Whomever else saw their charge as to bring profatibility to themselves, and when they found that they could not do that, they chose to contrive to steal from the shareholders in the form of the "whatever" catalyst company! No, that does not work for the shareholders, and shareholders should be and must be IRATE!. as I am properly Irate! This is not proper corporate conduct in any form nor in any fashion! The truth is that I do not think that the corporate officers have any purpose other than to feather their collective nest at our expense. Just telling it as I see it. The extreme challenge to them would be to present an explanation and a "reason for their action" (I could say that in French with the tutilage of Zeev)-- My question here is this--Knowing what we do about present management, why are they still there? This is not hopeless, and any reasonable effort by stockholders may produce productive change. If not that, then who is interested in "Class action"! No bullshit, Jack!