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

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To: Lew Green who wrote (11581)6/9/1997 2:57:00 AM
From: Joe Champion   of 35569
 
Mr. Green, with total respect I understand where you are coming from. Your statement, "... I put up what I thought was a very meaningful article on assaying - but got zero responses, compared to many on the "flame wars"... " was well received, that is, at least by me.

I do not own any public stock, nor get paid by anyone to post on any forum. I am only a simple researcher working for the same goals as the technicians employed by "ALL" of the DD's.

Are these companies deceiving you? The answer is --No. Is IPM having trouble getting over the finish line? In my opinion, the answer is -- Yes.

You spoke of egos in your last post. They exist, but it goes deeper than this thread. Numerous people have spent their life in the same quest as the employees of IPM. The management has desires of being the largest producer in the World. This is a great dream. However, they haven't produced the first ounce.

This is not being derogatory, only honest. You have others who post through this thread, with their steadfast belief that IPM and other companies in Arizona and New Mexico are frauds. Whoa, we have a problem, for one of those companies is producing and selling ounces of gold and platinum metals per day.

Le believes in a dream, for Paul has produced realities in his laboratory. This is the truth of IPM.

I totally respect their observations. For we have replicated such in academic, government and private laboratories.

My agenda is to see at least one, if not all, of these desert dirt companies make it. Although, they will fail unless, they can take their observations to production.

At this point you have emotions, personal investment, pride, egos', blood and sweat involved in dreams. Furthermore, you have C L being flamed (not to mention the job he did on me in the beginning) and the other guy who can't spell trying to support the internal IPM team. Although, with all on the line, it is a mute point unless someone produces and sells metal.

Stockholders are demanding answers. The DD companies are working hard to supply them, but the answer is not simple.

The bottom line is -- if IPM. Or any of the others can weather this storm; society will see a new era in the metals industry. My small egotistical part being, I wrote the science on this one.

In the last weeks, I have had the opportunity to speak with C L numerous times. He is a strong supporter of the IPM movement. He knows, he has seen, he has observed and he believes. For this he has my respect.

In your upcoming AGM, don't press, for I believe the management will present their interpolation of the facts. That is, as they understand them.

Although, in closing, I must admit that you picked a bad example for your assay procedures. Not only were they off base, but the good Dr. Groves has been paid a tremendous amount of money from most of the public DD's and has produced nothing but invoices. Besides his statement of isotopic anomalies being monitored by the buyers is utter bullshit. For example, Engelhard has one mass spectroscopic system; it's in their corporate research group in Iseland, New Jersey. This is first had fact, for I have been a guest at their facilities.

Respectfully and goodnight,

Joe Champion
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