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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Michael Dymond who wrote (12188)6/15/1997 11:15:00 AM
From: Derrick P.   of 35569
 
Michael,

The point is that without Friendship Metals, what is left at this time to confirm IPM's claims. There is the BD 0.046 au oz/ton sign off, but I for one have not seen this myself and wonder what it is based on, a FM refiner's report? There is no BD report on the IPM website and I have only seen this sign off referenced by others. So at this time Friendship Metals is an important part of the IPM verification. Yes when BD does the 0.25 and chain of custody process sign off FM will not be important. What we are looking for is something to base a decision on NOW, so that if the BD report comes in negative, we will not be caught holding the bag.
As far as the 'newbies' are concerned, Eric and Vargas are much more experienced in jr. miners than I am and are asking legitimate questions. They both would be valuable assets to this thread. To treat them in this way is a strong negative for the fundamentals of this company. Maybe you feel that there is something to hide. Newbies to this stock "should" approach it with a high degree of skepticism. The defensiveness on this thread is sending a clear message.
I'm not even going to try to correct the problems we're having on this thread so go ahead and flame me back. It is responses like you have given here that make me want to sell it all come Monday.

Derrick
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