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

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To: Bob Pressler who wrote (937)12/24/1996 9:25:00 AM
From: Bruce McGaughey   of 35569
 
No problems with the Internet yesterday. May have been something
on your end.
BD stands for Behre-Dolbear, an engineering firm with a lot
of respect in the mining community.
They must sign off on the recovery process before IPM can go
to the bankers.
Without BD's sign-off there is not as much credibility
and the bankers won't lend money.
We thought some sort of sign-off would come last week but the new
recovery process came to them only a couple of weeks ago and pushed
things back a bit.
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