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

To: Jafco who wrote (9965)	4/5/1999 5:06:00 PM
From: Bob Walsh	Respond to of 14226

Jafco and all, the following are my calculated market values per ton of screened ore based on the Sabin assays. Please note that these are market values and not revenue since they do not include the necessary reductions for refiner charges. Note that the values are between $3,000 and $5,000 per ton of screened ore. Assay results from Sabin Metals Ounces per ton of screened ore Market Sample # Silver Gold Plat Pall Rhod Value $5 $290 $360 $350 $875 1 0 3.39 2.18 0.86 2.1 $3,906 2 45.8 2.86 1.01 1.51 1.13 $2,939 3 0.5 2.16 1.97 0.85 1.53 $2,974 4 0.69 3.07 1.22 0.63 2.57 $3,802 5 0.62 3.2 2.23 2.69 2.67 $5,012 Sample 1 is from Hassayampa & was pretreated Sample 2 is from Oro Grande with no pretreatment Sample 3 is from Weaver Creek with partial pretreatment Sample 4 is from Hassayampa with partial pretreatment Sample 5 is from Hassayampa & was pretreated

To: Jafco who wrote (9965)	4/5/1999 5:08:00 PM
From: Ed Fishbaine	Read Replies (1) \| Respond to of 14226

Jafco Ask yourself why it should take checks from Sabin to move the share price. As you well know speculative stocks move on anticipation. What you are stating is that there can no longer be anticipation regarding GPGI. Now why is this so? Is it because GPGI is no longer speculative? Of course not. It is because the speculative fire normally in a company such as GPGI has burned out. Now the company must exist no longer as a speculation but in the category of proven entity. I contend that the speculative fire would be rekindled with the removal of that which caused the burn out. Ed