International Precious Metals (IPMCF) Message Board

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

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To: Claude Cormier who wrote (7027)	4/28/1997 10:55:00 AM
From: Mr Logic	of 35569

Claude, this gets the alarm bells ringing without doubt: << IPM has progressed far far beyond BD's abilities and capacity to meet IPM's requirements for specialist consultants, especially in metallurgy. BD have expressed their desire for reversion to their more traditional industry role as 'technical auditors >> I am very much surprised by this and don't know what to think. A few days ago, somebody mentioned that BD could back off for political reasons, now it is because they don't have the expertise ??? I don't mind telling you that having been in this stock for over a year I just unloaded almost all of my IPM position. At the very least this is going to delay substantially the results we are all hoping for. Time to sit back and reflect, wait and see what news we get over the next few weeks. The risks just went up. I'll buy back when the risks go down again. Patrick.

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