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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 (10105)4/11/1999 8:36:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 14226
 
Jack, <<sees this company pulling in profits>> How will we know? Global may tell us it earned $1MM/month, but would that be profit? I bet you will hear communications consistent with their "screened head ore" wheedle wording. They will report numbers, but withhold others that let you judge profit, or profit potential. Sabin will send them a check, but the cost to produce will be higher than the returns, or the company will sell stock, or the company with pad with something else to make things look good. Haven't you seen the pattern?

Doug, there is a bottom line here, can you trust what a company says? When I asked a couple simple questions of Global about their definitions they told me that it was none of my business in so many words. That was a couple of press releases ago, they still haven't answered those questions. What is an investor to then think? I'll tell you what I think, Global is bullshit! Any question I have about Maxam that wouldn't require insider information is answered by Maxam. I may not like the answers I hear, but I'm told the truth and treated there like a shareholder, an owner of the company. You know I believe in diversification, I'll invest in risk and speculation if honest, but not slime and sell slime as soon I figured that out, loss or not. I will never buy back into Global for any profit potential as long as current management is running that operation and current facts remain. IMO, based on my experience Global's built on a bullshit house of cards. Want honest PGMs, buy Stillwater.