International Precious Metals (IPMCF) Message Board

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

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To: Eric Tai who wrote (9)	9/2/1996 11:14:00 PM
From: Daniel M. Whipple	of 35569

Eric: That is why I said that I feel nothing will be released until BD issues their project report. My understanding is that we need not expect it for another 4-6 wks. Why the wait? IMO they want to boost the price in one leap. As they continue to release piece by piece the price goes up then profit taking takes place. I am sure that they already have the assays. The BD testing is on the bulk testing going on. How do you feel on the statement I made on the effect of the host rock discovery ? I had some relatives of a friend who went to IPMCF two weeks ago. They left feeling very optomistic.(for what that is worth). I have had three discussions with IPMCF over the last 6 months and they have been very generous with their time and information. I have e-mailed them twice and both times it was very kirt., but I have always gotten a reply. I think one of the big issues on the price has been the exercise of options/warrants. I have no problem with them other than because they are being exercised seems to bother investors. Note: the last set of warrants were exercised on the last day. What choice did they have? Would you forgo the opportunity? I don't think so. Regards, Daniel

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