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GPGI now has world's largest reserves of platinum! Exerpt from the March 25, 2004 GPGI press release: "Global has approximately 1 million tons of ore stockpiled on the property ready to be processed." Now assayed at 5-6 oz Platinum per ton. Platinum over $800/oz. $800 x 5 x 1,000,000 = $4 billion in reserves This gives Global the largest and highest grade platinum deposit in the world. o/s 55 million shares current stock price .33 I for one am in for more. Thinking of the dividends! Yahoo! Do your own DD. GPGI news out today (06/21/04): "Global Platinum & Gold, Inc. is pleased to announce that it has received the preliminary assays for the material run and processed from two of our properties over the past two weeks. A final report and a check for the material will be given to Global upon completion of the refining process in approximately three weeks. The results, subject to any change reported by the refiner, are truly extraordinary. The assays indicate a net recovery of platinum of approximately 5-6 ounces per ton. Global will continue production on a limited scale and work up to 10 tons per day. It is the Company's intention to configure a plant that will allow for a 50 ton per day operation with room to expand to 100 tons per day and more. Pro forma projected net revenue, before taxes, from a 100 ton per day plant at 6 ounces per ton approximates $172 million per year, provided the current price of platinum remains the same or averages $800 per ounce over the year period. There is as of this date approximately 55 million shares issued and outstanding. Management is most excited about these recent developments and willkeep shareholders apprized of developments as they occur. This communication to shareholders and the public contains certain forward looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding estimated reserves, estimated future production, and the value thereof, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. SOURCE Global Platinum 7 Gold, Inc."
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

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1   GPGI now has world's largest reserves of platinum! 0 stars   equityplayer0
6/21/04 10:52 PM
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