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

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To: ddl who wrote (35055)9/26/2000 5:53:30 PM
From: Bill Jackson  Read Replies (2) of 35569
 
ddl, Not any longer. A new group has bought the control block and they are beating the bushes to stir up the snakes.
When I was there it was a honest operation, we trie a small open pit and ran 1000 tons through pamour for which we were paid $30,000 and pamour paid all costs.
Shortly after that gold dived and pamour would only pay $12/ton....basic economics and we decided to keep it in the ground as $12/ton was not enough to excite us.
Then the older paretners fell ill and they opted to sell the control bolck of 2.7 million shares to the group in that news release.
At that point I resigned as I did not like the dishonest nature of the new people and I feared they would involve me in crooked actions...which I would not do....could lose prof engineers stamp for that stuff.
So now they bounce from pillar to post.
Dog nose how they will do?

Bill
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