Charles, gold deposits are not wine!!!...they just don't get better with time....this is the first time I hear that a deposit recovery improved over time that much just because of the method they used....hey, if their secret method is that good...they are in the wrong business, they should be selling the patent and retiring to the Bahamas ( I heard that is becoming a favourite spot for junior gold mining ex-execs).....It seems to me that you and many in this thread have married to this stock and you are not seeing this objectivelly, do yourselve a favour, think for a moment that you do not have a position in this stock, read all the news on their site (that I revisited and are the same as posted in Stockwatch) and ask yourselve....would you get your mother in this stock?????....what exactly do you know about this BRX deposit (just the name gives me the creeps...BRX!)...I see no assay results from drill holes...there is a saying in this business....sure you heard before, "The assay tells the tale"....good luck on Monday......
Here are the news from their site...can you please point me to the the one that has the drill assay results????
DATE May 28, 1997 (latest release) 40 Square Miles Added to Black Rock Project - Environmental Study Underway May 22, 1997 Final Pilot Plant Recovery Report - Transfer of Black Rock Ownership Completed - Annual General Meeting Date Announced May 1, 1997 Metallurgical Appointment Awarded to Lycopodium April 28, 1997 IPM commences legal proceedings against Arizona Department of Mines April 2, 1997 Recovery Demonstration Plant Acquired March 12, 1997 Statement To Shareholders March 11, 1997 Precious Metals Recovery Program Nears Completion - Drill Programs to Begin This Month March 6, 1997 IPM Acquires 100% Ownership of BRX Property - Receives US $4.79 Million from Warrants March 3, 1997 Feb. 13, 1997 Recovery Test Program - Progress Report Feb. 4, 1997 Recovery Test Program Advances to Pilot Plant Scale Dec. 19, 1996 IPM Commences Pilot Scale Test Program Dec. 12, 1996 IPM Completes Private Placement Nov. 5, 1996 IPM Finalizes Debenture Retirement Funding - Project Activity Report July 31, 1996 Bulk Testing Continues On Schedule July 16, 1996 450 Ton Bulk Sample Unsuccessful - BRX Hard-Rock Exploration Drilling To Continue June 26, 1996 Exploration Drilling Phase on BRX Grid Area Completed June 4, 1996 Advanced Techniques Result in Increased Gold and Platinum Recovery May 23, 1996 Hard-Rock Exploration Begins On BRX April 17, 1996 IPM Announces BRX Results From First Grid April 3, 1996 IPM Completes Private Placement - Expands BRX Drilling March 21, 1996 IPM Acquires Additional BRX Property Feb. 27,1996 IPM Finalizes Funding Agreement Feb. 23, 1996 IPM Announces 50% of BRX Results Dec. 15, 1995 Initial BRX Data Released Nov. 22, 1995 Decision to Release BRX Data Nov. 17, 1995 Initial Funding for BRX Completed Oct. 23, 1995 IPC Changes Name |