International Precious Metals (IPMCF) Message Board

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

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To: Chuca Marsh who wrote (13418)	6/25/1997 1:53:00 AM
From: Dave Bissett	of 35569

RE: the size of IPM's holdings. After Le reported that they hadn't been able to pull up any dirt from deeper than 780ft. because they hit the water tabel, i.e. mud, I asked if that mean't they'd have to use different drilling technology to go deeper. He said yes at first, then added "but that's a lot to mine....you're talking CUBIC MILES of sand". So, the results of deep drilling even to 780' should indicate truly enormous amounts of metal. Previous discussion of the number of mining sites that IPM could develop, and the number of years (decades) they will be able to operate, comes into perspective. The property will have a life much longer than mine even if they stop staking now, and I don't think they've stopped. Dave

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