International Precious Metals (IPMCF) Message Board

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

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To: Proton who wrote (12790)	6/20/1997 9:54:00 PM
From: C L	of 35569

You have done very well, Peter. As usual, the company put out the facts with no hype. Dr. Shaw is working with the B D employees and thinks the auditing will be finished in 3 weeks. The gold was in near round globular form, the Pt. as Pt. Black and the Pd. as dimethyglyoxime. This shows that the process works from dirt to finished goods. IPM has a signed purchase order from AuRIC Refinery, AuRIC will take any and all product that IPM can ship. IPM is now a reporting company, they just filed their first 10K. As soon as they write the check to Runyon, they can apply for NMS listing and the stock will become marginable. They will re-domicile in the U S. They have designed a workable plan to hold off any hostile takeover attempts. Management of both IPM and MXAM say no problem on water -- IPM can purchase any amount from the canal -- MXAM has their own well and water rights. An excellent meeting, I thought. C L

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