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


To: Zeev Hed who wrote (10456)5/24/1999 1:36:00 PM
From: SnakeInATuxedo  Read Replies (1) | Respond to of 14226
 
No Zeev, just give us that world-class "leaf shake" you do so well! [VVBG] Music, maestro, please.



To: Zeev Hed who wrote (10456)5/24/1999 2:00:00 PM
From: Scott Wheeler  Read Replies (1) | Respond to of 14226
 
Zeev, Not sure if you meant $.5/lb Cu, because $5. sounded high. Say, you - on board? What am I to think now? Should I be ecstatic, or should I now worry about the dreaded ZIDI factor <GG>.
Anyway, I am encouraged by this release and a conversation last week. I think the idea here is to fine-tune both approaches, so that Global has the flexibility (and the hedge) to have and produce with two reliable methods, and later lean towards one or the other, depending upon yields, production costs and so on.
My other thought is - whether or not you believe Gippy's press releases, one still must consider the following: Sabin is a respected and established player with an excellent reputation worth everything to them (especially when one is in this business!). If you were they, would you stand by and allow Global to boast of confirmations that you yourself did not believe or could not replicate - unless you were the source of this? I can only assume that they would be perilously vulnerable to loss of customer confidence (well, customers!) if they allowed producers to exaggerate in their (Sabin's) name. Nope, I really don't think so - and moreover, I suspect that these two parties have probably had careful discussions about what can and cannot be said, in order to maintain credibility (especially on the Sabin side). If this is the case, things could be even better than can be reported now and still maintain a margin of safety (plausible deniability).
Finally, Mr. McKay has once again not only kept us informed in a timely manner, but continues to meet his timelines pretty well.
Regards,
$cott



To: Zeev Hed who wrote (10456)5/24/1999 2:27:00 PM
From: Ed Fishbaine  Read Replies (2) | Respond to of 14226
 
Zeev

What is the "spectre" of 6 MM shares added to the float? If you mean the 6MM shares to be returned by Jensen and Twiford I understand they will go into treasury.

Also, I believe you are right about the big hitter(s) selling. I know of one such who sold 25,000 shares at 22.5 and I think he will sell more. There are very angry, embittered, massively disappointed shareholders who are not paying much attention to what is happening. They disbelieve everything that is issued by GPGI. They hate this company and turn every positive piece of news into a negative. Today's release is a sham and fraud. GPGI has fooled Sabin. They have sent contaminated material to them. Even a check of $300,000 which could happen, I have heard it said, proves nothing other than the company has spiked its material to create a pump and dump situation.

Thus are the wages of lost credibility.

It will take some time and further positive news to plow through these shareholders. But it will happen IMO. Congrats on establishing a position.

Ed