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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 (10429)	5/21/1999 1:30:00 PM
From: Jeff Williams	Respond to of 14226

Jack, et al: Seems to me we have only about a week or so to wait for the news from Sabin. According to Wayne Palmer it takes 28 days to process Pa and Pt. Rh takes about 3-4 months. They sent their 2 kilo sample by next day air. So it would have been at Sabin by the 30th. Assuming they started work right away, we should have news before the end of the month. If it is positive, then a shipment should be made shortly thereafter, and the checks should start flowing by the end of June. I don't disagree that the MM's are in control. But what is really interesting is that most of the volume is on the buy side the last week or so. MM's picking up cheap shares no doubt. Then with release of the Sabin results, I would expect them to mark the shares up to the $0.50-0.60 level at which point they will begin distribution making a tidy 200% profit, give or take. Then the shares will likely drift down as you allude until the check arrives and more shipments are announced, at which time (Say Sept 30), the PR campaign should be underway and demand will totally overwhelm supply in this issue and we will at long last see the "flagpole" that you conjured oh so long ago, helped by Jensen/Twiford's return of the shares for the catalyst which wasn't used, and a drill program on the Oro Grande. Zeev might have a different one based on his T/A, but based on the fundamentals, the above scenario seems possible. If Sabin's results are not good, we are out of business, but I would rate the likelihood of this as small. McKay has got to be very sure to gear up to 3 shifts a day IMO. Regards, Jeff

To: JACK R. SMITH JR. who wrote (10429)	5/21/1999 3:10:00 PM
From: Jeff Williams	Read Replies (3) \| Respond to of 14226

Jack: We should not remain in this "pattern" (or base formation) for long. It takes 28 days for Sabin to process the goodies. We should hear from them by the end of the month as shipment was made on April 29th by next day air. I see most of the action the last week has been on the buy side. I agree MM's are in control and they're buying. A trade just went off for 60,000 shares at $0.218. Assuming the results from Sabin are good, and approximate McKay's projections, I think we'll see GPGI run up to the $0.50-0.60 level at which time MM's will take their 200% profits, give or take. Here's one possible 3-6 month scenario: IMO it is likely after receipt of the Sabin results and their check, that we'll then see the shares drift down (so MM's can pick up more cheap shares and people become discouraged) until we get a series of ever increasing checks. Jensen will announce a buy back saying shares are seriously undervalued. Then comes the BIG POP about September 30th or so, after a series of checks (each larger than the one before). The world becomes a believer in this issue at long last, and the demand for this issue outstrips supply resulting in the "flagpole" you long ago conjured. About this time Jensen/Twiford will be forced to return their shares owing to the non-use of the unproven catalyst. The PR campaign should be cranked up and rolling by then as well. The publicity and news articles about GPGI should really draw attention to this issue. Production will continue to rise each month, and recoveries will improve as well. Then comes the announcement of the "spin-off" of the Oro Grande after completion of the drill program which creates a mania for the shares then selling for $10.00 as the shorts finally capitulate. Of course this scenario is just my opinion as a possibility, although it seems plausible to me. The above scenario is dependent on good results from Sabin and continued increasing production. If they're poor, or "break even," then I'd guess we're out of business by the 4th of July because McKay will likely throw in the towel. I wonder what Zeev's T/A is telling him, with all the action on the Buy side? Regards to all, Jeff