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

To: Ed Fishbaine who wrote (10310)	5/7/1999 1:04:00 PM
From: Anthony Zack	Read Replies (1) \| Respond to of 14226

Ed, I believe the $597,000 figure was for a ton of slime, not 1000 lbs., so I think your stack may be having a divide by 2 error. In any event, it appears that there is plenty of money to be made by this company. IMO, Jensen should return the shares for the cat, and concentrate on the book and movie details of this operation. The video series on how the application of TQM principles saved this company could provide yet another revenue stream. Sell kitty litter from the tailings...the list goes on and on. tony

To: Ed Fishbaine who wrote (10310)	5/7/1999 3:17:00 PM
From: Jeff Williams	Read Replies (1) \| Respond to of 14226

Ed: It seems to me, once the efficacy of their production and extraction processes are shown to be profitable, Jensen may well go to the bank and take on debt to ramp up production big time. I mean, in mining terms, 10 tons/day is really a mom and pop operation. Two guys with pick axes can dig 10 tons a day, right? I'd guess a $2 million loan should put us in the 100 ton per day category, and then we can all begin to see the potential we have patiently waited for come to reality. So, I would put a large multiplier on the $597,000 figure when looking a year into the future. Of course, this opining is dependent upon Sabin's successful recovery of a substantial portion of the goodies. If that doesn't happen, we are out of business. If it does, then this may prove to be the best investment we've all made in our lifetimes. Regards, Jeff

To: Ed Fishbaine who wrote (10310)	5/7/1999 9:09:00 PM
From: JACK R. SMITH JR.	Read Replies (1) \| Respond to of 14226

Ed, Ancient one and revered elder. I am not a detractor of Mr. McKay nor of his efforts. I am his advocate. Here are the simple facts. He was party to announcing the extremely valuable results from the samples and those were valued in just for simplicity, let us say $5000.00 per ton. That is a matter of record and I am being conservative. Let us take the 140 tons to produce a ton of slime and what do we get? My calculator says $700,000.00. By the announced values it should be closer to a million. I am on record in warning of such fantastic predictions and such paltry production and we certainly need to change the order of that. In my view, we need to take the lumps of paltry prediction and provide fantastic results at the refiner. I share and have always shared the belief in the properties and the potential end result. I am glad that we seem to have a stable relation with a potential refiner and I am in hopes of future results, but I am down a lot of bucks and Jensen is looking for a loan. I have heard the be patient theme for a number of years and you certainly must understand my impatience! My patience expands greatly when my investment expands greatly, and I am waiting, and still waiting, and so are many others. Time is short, and funds are short, and I have other places to go, and so do many others here, and all within the company and all large and small investors should understand that completely! Produce soon, or Die, GPGI!! Pragmatic, Jack!!