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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: BillyZoom who wrote (31031)3/17/1998 6:56:00 PM
From: go4it   of 35569
 
Rob,

Good write-up IMHO. After the 1st square km is defined as a resource. The financing options for IPM will be extended. I don't see bankruptcy as an option at this point in time. Once they can determine an exceptable extraction method they can start working on that and working on getting some cash flow going. This is awhile off but as long as they can demonstrate and get Bateman to sign off on a viable extraction process they will survive a very long time.
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