International Precious Metals (IPMCF) Message Board

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

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To: Larry Brubaker who wrote (28962)	12/5/1997 1:19:00 PM
From: go4it	of 35569

Larry, I agree. Very positive IMO and very positive that they basically only did the financing that was necessary and will do more at higher prices. I am proceeding with my investment under the premise that a cheap and economical fire assay procedure will lend itself to a cheap and economical recovery process. I certainly don't have any evidence to support my beliefs at this time but it is what I am currently thinking. The biggest problem that I have with GPGI's approach is that without knowing the grades and quantities (ie resource calculation) there is no way of knowing what the value of the stock is or when they will pass below their profitability threshold. Lot's of unanswered questions with almost all the dd's IMO.

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