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

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To: Karl Zetmeir who wrote (11888)6/11/1997 3:12:00 PM
From: David G. Findley   of 35569
 
Karl,
Instead of attempts at humor (leave them to Horace Rumpole) you should instead be formulating critical, precise questions to ask IPMCF management at the AGM, in order to figure out what kind of company we have bought into. I again present a few for your consideration:

#1 Request to visit all IPMCF facilities, with video camera, filming the whole process from scooping of dirt to analysis of leach.

#2 When at the Black Rock sample sites, collect several grab samples of soil. These can be sent to universities in your home states and subjected to secondary X-ray analysis for quantites of Au/Pt/Pd/Rh/Os etc present.

#3 Ask for full disclosure of "Friendship Labs" - location, owners, employees. Ask to see IPMCF contract with the lab. Talk with the low-level personnel off-the-record and ask what they know, have seen.

#4 Ask for a detailed schedule of precipitate production, refiners to receive it, and uncensored, original analysis reports from the refiners.

#5 If present, speak with Lycopodium and BD representatives and find out in detail what IPMCF has paid them to do. Ask to see copies of the contracts between IPMCF and Lycopodium and BD.

I emailed a much better list of these to IPMCF two+ weeks ago. No response. There won't be any. The only questions IPMCF has answered as near I can tell are "canned" questions from "tame" investors - kind of like listening to Clinton answer questions at a press conference.

Like vampires, they must flee the sunlight or else writhe and curl up into smoking, blackened wisps. We won't get any truth out of them soon. Just shuck & jive, evasion, misdirection, free-flowing liquor & good feeling, followed by the inevitable hang-over and realization the morning after.

David G. Findley
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