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

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To: ddl who wrote (5315)4/2/1997 10:33:00 AM
From: KipferlMeister   of 35569
 
By releasing news of the mobil processing unit, they explain how it is that they could be producing on a limited scale soon. Confirmation that the BD audit is underway is also important, since there'd been speculation by some that BD might tuck tail because of the recent Bre-x problems.

It's also interesting that this is the first time I've seen a release issued under Le's name. I've heard people gripe before that no single person stood behind the news IPM puts out.

All together, the most important thing about this release might be its reflection of the company's increased sensitivity towards investor/market concerns. I like it.

-Michael
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