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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Donald Watson, Jr. who wrote (25656)6/21/1997 11:42:00 AM
From: Bill Jackson   of 28369
 
Donald; Sorry to group you in the insulted set. I do not own any IPM stock, and there is a real risk that it too is a fraud. The operators blather on about 'new fire assays', but never show the preence of metals(Gold/Platinum) with other assays that are good for the job(if expensive). In two seeks the question could have been answered as to whether or not those metals were actually there. But no, they keep saying the mix was complex and could not be assayed by oridnary fire assays, and they keep trying to get a modified fire assay to do the job.
True fire assays are cheap and do not need any reagent grade chemicals(just no gold/x-metal in the reagents as they are just fluxes)) and a good scale and furnace.So I ask myself why has a nickel/sulfur furion followed by dissolution and an AA not been done. XRF and NA also can be done to find the gold and platinum. More money but look at what has been spent so far. Why not try two nickel sulfur fusions for about $220 and find out for sure. I suggested that a small shareholder group get samples by night and gave them the lab to do thi, but they chickened out, and management went into damage control mode.
Is this sufficient warning?
Try the "Desert Dirts ..... emperors new clothes" thread. pose this question to Tim Hall (thall). He started the thread.
Bill
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