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

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To: Alan Vennix who wrote (1373)1/14/1997 1:02:00 PM
From: C L   of 35569
 
I was in PHX at a meeting yesterday and got a few minutes with IPM management. Couldn't pry any info away from him but he did say that the bulk testing was going along on schedule and that he personally was pleased with it. He also said there was a good possibility that there would be a public update on the bulk testing next week. This is my conjecture: If they were experiencing problems with the up-scaling they would not announce it now, most likely wait to work the solution out. I asked about the 'P' report and got a 'no comment'.

I see a lot of comments about the possibilty that the co. management is pushing news items around to inflate the stock price for one reason or another. I guess I look at my fellow man in a different light than you do. I trust a person's veracity until he proves himself not worthy of it. It must be a terrible thing to mistrust everyone and think that all others are scammers and thieves. You must have a terrible vision of the world and where we're all headed.

C L
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