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

To: Jeff Williams who wrote (9927)	4/2/1999 12:40:00 PM
From: Laser	Read Replies (1) \| Respond to of 14226

Jeff, I'd say Mike used that choice adjective for spin. We'll just let the sh's work themselves into a lather with a choice word or two for a few days, then we'll publish a few more details. Yep, SPIN DOCTORING is the name of the game. It seems like all the dirts have some kind of "impressive" results at one time or another. Nothing changes, it's a never ending story.

To: Jeff Williams who wrote (9927)	4/2/1999 7:11:00 PM
From: Ed Fishbaine	Read Replies (3) \| Respond to of 14226

Jeff I think you are right. The assays reported in the last release by McKay averaged 2.40 ounces per ton, averaging all metals. The cash values at current prices approximate $3700 per ton. If Sabin returns 25% of these values in extraction there is a $900 per ton yield. There is no mine in the world, to my knowledge that can equal this kind of return. Plus, as a non lode mine, GPGI costs are a fraction of typical mining costs. I would hope that the reported values by Sabin are not in the $2000 per ton range because noone will believe such numbers and the market will be frozen in fear. However, when USPS starts producing with its anticipated net yield of $1500 per ton this will make Globals numbers more acceptable. No investor should expect explosive moves in the shares following the announcement of any >>impressive<< results. There will be incessant bad mouthing from those of Lasers ilk. Even solid checks will not really move the shares to anywhere near their real worth. The next attack will be>>prove your reserves---where the COC?<< Repeated checks will make a dent and the whole desert sands operation is heating up and one company will affect the others. It is pointless to suggest patience in light of the rather total incompetence of Jensen et al and the waste of time and money in these past years. But the Global story is about its properties and these will transend the inadequacies and the perfidy of its initial caretakers (just as the US will survive the horror of clinton). The control of the company has been transferred, de facto, to McKay who stands at the polar opposite of Jensen in terms of ability. Once again I extend my condolences to Mazzarella and all others who, in their justifiable rage, have cut their own noses to spite Jensen. Regards, Ed