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


To: JACK R. SMITH JR. who wrote (9946)4/4/1999 2:41:00 PM
From: Alan Vennix  Respond to of 14226
 
DESERT DIRT INDEX VALUES AS OF MAR 31, 1999:

NOTE 1: For the year of 1999 through March 31, MGAU's stock price is up by
293%, MXAM is up 193%, GPGI is + 27%, NAXOF is + 18% and CHIP is -15%.

A basket of the five stocks is up approximately 100% on the year, depending on the
particular indice. (Keep in mind, of course, the disastrous year 1998 and that this
assumes a fresh investment on Jan 1, 1999 without accounting for the 1998 losses.)

NOTE 2: DD NEWS -CHIP did not have a PR during the month but in an EDGAR
filing the company revealed that it was shifting its focus away from DD mining to
European Internet activities. Since CHIP represents less than 2% of the DDI, it is
being retained at the present time rather than recalculating the DDI without it.

MGAU had 3 Press Releases. The March 3 PR indicated a 1 ton sample from the
Sinagua Cinder Cone was currently being treated using J-L technology and that a
pilot plant was to be constructed at the Sinagua site; marble quarry operations were
continuing to increase and were expected to be cash positive in March; also that the
company expected to complete acquisition of J-L by end March. On March 15
MGAU announced that pilot plant construction commenced March 8, and on March
31 the company confirmed that it had completed the acquisition of the J-L
technology related to assay and recovery of precious metals from refractory ore.

MXAM on March 2 referenced several USGS reports with information that could
be relative to the occurrence of precious metals at its' Peoria site. Additional
information has been posted on the company's web site.

NAXOF had 3 PR's also in March. On March 18 the company announced that the
1-ton per hour pilot plant at Franklin Lake was complete and operations were
underway and that they expected to be running at optimum efficiency by early May.
On May 23 the company revealed that it had been cleared of all ASC charges, with
the only individual found guilty of wrongdoing being former President Jimmy John;
on that same day the company also revealed that a dissident shareholder group was
attempting to hold a special shareholder meeting in early April but that the
company was contesting the legality of the meeting.

For more detail on the DDI, go to:

Message 8695464



To: JACK R. SMITH JR. who wrote (9946)4/4/1999 7:15:00 PM
From: d:oug  Respond to of 14226
 
Puke, Puke, Puke--Just Jack! ... I cleaned up'ed the mess, but ....

what we need is not promise, but results
I need not to know the source of the ore
only the results for the company
continuous checks from the refiner to the company

(from GPGI Web Site)

"An initial sample shipment was sent to Sabin Metals Inc. last week. Four
additional samples will be sent today. We should receive their analysis
reports before the end of March." Mike McKay Facilities Manager

<< The discussion of "head ore" makes me want to puke! >>

If what counts are the exchange of ore for money,
and if the results from Sabin Metals is this connection,
then why discuss "head ore" test results when the above web site
discussion of ore sent to Sabin does not mention "head ore" ?

(from GPGI Web Site)

"A letter to shareholders will be mailed tomorrow.
An abbreviated version will be released to the business wire on Monday.
The full text of the letter will be posted to this web page on Monday.
The additional time will allow a more detailed report, which will
include the results from Sabin Metals Corporation which are impressive."
Mike McKay Facilities Manager

(off topic)

once upon a time the inside of my radio would glow with a fire red

Sunday, October 30th, 1938
at 8:00 PM Eastern Time
Orson Welles Mercury Theater

Monday, on this thread
the GPGI shareholder's version
of
War of the Worlds
as
War of the Words

Doug