Phoenix Gold Resources (V.PHO) Message Board

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Gold/Mining/Energy : Phoenix Gold Resources (V.PHO)

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To: Stephen D. French who wrote (47)	6/13/1997 2:46:00 PM
From: Ron Struthers	of 285

Stephen, everyones entitled to an opinion. There is no doubt what IPM is experimenting with is controversial So was heap leaching in the 1980's, the experts didn't believe that neither The May 8 "Globe & Mail" has the following <partial> quote - "About 10yrs ago, a little known geologist was telling anyone who would listen that the NWT was full of diamonds - enough to turn Canada into a major diamond producer. No one believed him either. The difference between Charles Fipke and Bre-X CEO David Walsh is that the latter is now disgraced, while Fipke not only became a multimillionaire but is now a legend in geological circles" ---------- IPM is about new technology to extract metals from complex ore. Not a scam. There is many half truths and inaccuracies in the Forbes article. In the end it won't matter what Forbes says or whether IPM has my blessing. If they prove the goods verified by 3rd parties the stock will react accordingly. It really is that simple. It is a bet on a new technology. If IPM is correct you make lots of $$$ in the stock, if not you will loose most of your investment Ron

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