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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)
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To: k wong who started this subject1/17/2001 12:39:19 AM
From: robingrayson   of 835
 
News - pump and dump alert.

Have a look at the volumes of trading of IPJ recently - strange.

Have a look at postings of Stockhouse - strange.

Looks like a pump and dump may have begun.

A posting on Stockhouse claims IPJ are back in mineral exploration and this time in PLATINUM. Maybe, maybe not. Just a few questions to ask if this is correct:

1. How many USD of stockholders has IPJ consumed over the last 10 years in mineral exploration? LOTS
2. And with what result in cash terms? NIL
3. After changes a while back, does the management have in-house mineral exploration expertise? NO
4. Are platinum prospects all that good? NO
5. Why not? SPECIALISED SUBJECT NEEDING SPECIALISED KNOW-HOW. REAL PROBLEMS IN GETTING THE PLATINUM OUT
6. Will it generate cash quickly? NO. ONLY BY PUMP AND DUMP.

The stockholders have been disappointed by:
a) IPJ and mineral exploration bubbles - no result
b) IPJ and internet bubbles - no result

Time the stockholders got the management to hand over to a completely new team, and soon.

Is there a single stockholder who thinks IPJ management are worth the expense?

Rather than pump and dump stock, why don't the stockholders dump the IPJ management, and let the stock rise the very next day so long as you pick a team that:

a) listen to stockholders (even a website!)
b) has REAL in-house expertise in mineral exploration or something that can add stock value
c) doesn't pay large salaries, expenses or dream of golden parachutes etc

Robin Grayson
General Director
Eco-Minex International Co Ltd
Ulaanbaatar
emiweb@magicnet.mn
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