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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Michael Bidder who wrote (13390)	7/3/2003 6:32:20 PM
From: Michael Bidder	Read Replies (1) of 39344

IMR I believe that the Geology and Geophysics done to date on the Navidad property have been done professionally for the following reasons. The analysts that went down to the property were told to collect their own rock samples and take them back to Canada to have them analysed. I’ve been told they came in with 30% higher values than what IMA had been reporting. This is easily verified by calling them. An independent company, Quantec Geoscience, did the IP survey. Then I satisfied myself with speaking to the principles, including one IMA Geologist, at their AMG pony show. Finally I spoke to a geologist friend of mine familiar with such things. He phoned their geologists and came away satisfied with their work. It's a small industry and people know people and word gets around. I believe that is what is holding the stock above $1 with a market cap above $50 million even in light of the CDU debacle. Check to see who owns the stock... Barrick, Institution, Insiders

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