EX-16 3 exhibit_16-1.txt EXHIBIT 16.1 GRASSI & CO., CPAs, P.C. September 22, 2003 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Dear Sirs: We have read the statements made by Global Gold Corporation, which we understand will be filed with the Commission pursuant to Item 4 on Form 8-K, as part of the Company's Report on the Form 8-K dated September 22, 2003. Please note that this Form 8-K was received by us on September 22, 2003. Despite the delay in receiving this Form 8-K from Global Gold Corporation, we agree with the statements concerning our firm in said Form 8-K. Very truly yours, GRASSI & CO., CPAs, P.C. /s/ Louis C. Grassi, CPA, CFE Managing Partner cc: Stephen R. Field, Esq. HEADQUARTERS 2001 Marcus Avenue Suite S-265 New York City: (646) 273-1300 Lake Success, New York 11042 Westchester: (914) 423-7120 (516) 256-3500 Fax (516) 256-3510 www.grassicpas.com