International Precious Metals (IPMCF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E. Charters who wrote (26483)	11/15/1997 8:41:00 PM
From: Theo	Read Replies (2) of 35569

ECHARTERS, In my experience in investing, there is usually a formula for estimating the share price by multiplying the ounces by $50 US and dividing by the total amount of shares. Did you ever hear of such a thing? Now that it's proven that IPM managements claims of gold, exist. Dont you think that an astimation of HOW MUCH really exists is in the cards? Just the simple sands of the desert hold 1 point 6 million ounces of gold if we do the first grid to 100 feet. Thats at assay numbers. Fire assay! The kind that the Northern miner, TSE and you claim impossible. How humiliating for youse. Back to the math. IF there were really more grids and IF there really were more depth, what value should the shares have in this kinda market? 300 million tons, grading one gram per ton comes up to 7 dollars a share US, and thats just gold, and thats at $15 US per ounce. Gotta an intelligent opinion, or do we hafta trash ya? Theo

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next