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

To: Zeev Hed who wrote (10213)	4/20/1999 5:16:00 PM
From: Ed Fishbaine	Read Replies (1) \| Respond to of 14226

Zeev What's not right in this picture is that which plagues almost all BB stocks, particularly pm companies. But specifically in the case of Global, not only is there no sponsorship, but whatever sponsorship might become available will not do so as long as present management is in place. The market is unforgiving for past errors and a new slate has to be put in place. This has nothing to do with the merits of the property or the potential of the extraction process, which IMO are both positive. Birch Mountain ran up from 25¢ to over $1.60 in 5 weeks recently. No secret why---Canarim and Yorktown plowed in with huge purchases. Why did they buy? Moderately hopeful news but top notch management. IMO even if McKay gets into commercial production and the checks start coming in I do not believe the shares will move significantly. They will move only when the production is recognized as real by some well-heeled market savvy players or perhaps a big outfit and sponsorship based on a take over is in the works. Nothing less will move these shares. The new online advertising will produce nothing. As long as present management is in place there are too many players and interests that do not believe this company can do anything. Even with checks they will insist that there is no COC no reserve figures, that selective hot spots were mined, that there has been salting etc etc. The every fact that the returns reported by McKay are so extraordinary is precisely what will bring down the wrath of all those Ecclesiasticals who cannot fathom change--- who hate it, who fear it, who envy it. The smart thing that Jensen could do would be to look for a replacement for himself and his board of directors. In other words, he should be searching for an outside bidder with financial and market clout and show great willingness to negotiate a takeover. He will do better financially in this way and will advance the interests of the company. Ed

To: Zeev Hed who wrote (10213)	4/20/1999 8:08:00 PM
From: Geoffrey J. Hay	Read Replies (1) \| Respond to of 14226

Zeev, I remember when you got out. It was around $2.50/share, you publicized your farewell, was provided with mild abuse and turnip throwing from the ranks. GPGI went up to $2.90. Again, you were moderately scorned by loyal GPGI groupies - no one respects a prophet in their own town - then HELLLOOOO!!!! Into the Post BREX continuium we slid....down, down,like Ahab on Moby Dick!! RE: frozen tundra. I admit to something being fishy with the current B/A spread. I've seen vol dramatically increase, but the MMs wont allow the price to budge much. Sure, its moved from $0.14 to $0.31, but it could have really moved - at least, based on the comparative volume...Yup, something is still fishy. Are the Dark Forces still around??? ...but all I can say is I've learned to trust my feelings. I'm not expecting the moon tomorrow, but its coming... RE: Zeevs fav' mantra (liberally abused) '... when the TA and the FA dont jive, etc, etc.. something ain't right.' I agree, but if you consider a different scale - like that I posted previously - then the chart begins to look pretty sexy. The TA is appropriate, and the FA is beginning to show signs of maturity and correlation. I also agree with some of the remarks by Ed...but there is an untapped world of true speculators who will jump on this opportunity when they see production numbers start to trickle in. All we need is a trickle, and the momentum will carry it forward. Indeed, if Mike really is as industrious as he appears, then he knows the value of appropriate management - hence his direct involvement. Based on his previous experience, I am certain he has a few friends in significant positions who could be lured away by prospects of incredible wealth, and a whole lot of fun in the process. Hey, its easy to make money when your at the top, the real challenge is to make it when your resources are limited. I'm sure some wealthy CEO somewhere would relish in this sort of opportunity. GPGI really does have the makings of a true Cinderella story...but there are a couple of ugly sisters who still need a good beating before we get the kingdom and all its goodies.I figure this is the last chance. If the PR maintians GPGI as a PUMPKIN, we are toast...er, did I mention TOAST!!! Phew, Jack, this is really addictive.My therapist will soon be outta business ;) Scale....its all about scale, for it is the window through which we view reality...well,I'll give er 6 weeks, and see from there. Geoff