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: C L who wrote (4468)	3/20/1997 7:50:00 PM
From: ddl	of 35569

WARNING: NOT FOR THE WEAK AT HEART.... From the Northern Miner, March 17,1997 Quote "The share price of International Precious Metals (IPM) dropped from a high of $20 to $10.50 as skepticism grew over the company's Black Rock Extended project in Arizona. A mining engineer from the state department of mineral resources said the company has "no likelihood" of coming up with a mine, and this view is compatible with the results of IPM's 450-ton bulk sample, taken last summer. It was a total bust, as the company was not able to recover a precious metals concentrate from the sample. Prior to this technical mishap, the company (then known as International Platinum) was suspended from the TSE after an independent firm found nil or trace gold values on the property, as well as no platinum group elements. IPM now trades over the counter, and on NASDAQ." ps: At this time it is a sad day for me being a Canadian. I feel bad that such unsubstantiated reporting should come from a supposedly well respected mining Candian journal. - I hope they get their day soon. Denis

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next