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

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To: stanley new who wrote (20005)9/6/1997 5:18:00 PM
From: Alan Vennix   of 35569
 
TO ALL:

DESERT DIRT INDEX VALUES AS OF SEPTEMBER 5:

NOTE: A relatively quiet week for all five DD Index stocks. MXAM held even with all the others down slightly, with CHIP being the only one to show a double digit decline(from 1.0 to 0.84). The other four all seem to be in a holding pattern waiting on company news releases. IPMCF is expected to release BD results soon on recovery process and
fire assay testing for Chain of Custody (COC) samples, GPGI holders are awaiting news on additional shipments of product to Englehard for refining, NAXOF expects to have results from Ledoux on COC samples provided by BD, and MXAM is gearing up for the newly installed vibramills to become operational. CHIP appears currently to be reacting to NAXOF news, although shareholders are still expecting to hear about the spinoff of the mining operations and the resumption of testing at the new pilot plant facility.

Additional detail on the indices is available at:

exchange2000.com

Alan
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