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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Ron Struthers who wrote (26739)11/16/1997 4:07:00 PM
From: Eric Tai  Read Replies (2) of 35569
 
Ron,
I think Albert's question of why the FA result is much lower
this time compared with Jun 24 PR is a common one and I am
glad you answered it.

However, if IPMCF knew at that time that Auric was going to charge
them big bucks for the FA procedure, maybe they should not
even publish the results of the Auric FA in the first place in
the June 24 PR. If they are not going to buy that procedure
and will never able to use it to duplicate the results,
what is the point of publishing it. It just misled investors
thinking that it is a <<standard fire assay>> and that is
why most of us are expecting that Bateman or BD or any lab
can just use the same procedure and get similar results.

At the very least, the company should make this very clear
that this is a propriety Auric procedure and when they
decided not to buy it, should let the investors know about it.
Then the investors won't be caught in surprise to find
out that actually the FA today is not the same one as they
use in Jun 24 and thus the results might differ a lot.
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