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

To: Scott Wheeler who wrote (9962)	4/5/1999 3:47:00 PM
From: Bob Walsh	Respond to of 14226

Scott, it may take a number of checks from Sabin before the market wakes up. Hell I don't care if it takes the market 6 months to wake-up. Once there is a steady cash flow and GPGI starts paying dividends, then all hell will break loose. Regards, Bob

To: Scott Wheeler who wrote (9962)	4/5/1999 4:11:00 PM
From: Ed Fishbaine	Read Replies (2) \| Respond to of 14226

Scott The behavior of the market today is testimony to the huge damage done by Jensen. No matter how good the news ( and I believe today's news is excellent) the market views GPGI as managed by an incompetent who has also made repeated false promises. GPGI is the boy who cried wolf. What it will take to turn this market around is a resignation from Jensen, not simply his de facto retirement as CEO which is now the case. I have spoken to several knowledgable investors with significant positions today. They are but mildly impressed with today's results and although not sellers they are not heated up either. IMO the reason is that due to the past history of GPGI any news other than cash inflow is not trusted. These investors do not believe that Jensen is out of the picture. Were today's news an interim development in an ongoing saga reported by competent management most followers would be excited. But now there can be nothing but definitive proof, nothing less means very much. And this is all a result of this history of disasterous management It will take time. But I believe Jensen will leave--- I pray for his departure peacefully and without the need for legal action---and the inherent value of the properties will be recognized. I will bet that an announcement of Jensen's departure would result in an explosion of the share price. Ed