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Gold/Mining/Energy : IMA Exploration (VSE:IMR) - IMR.V

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To: Bobby Yellin who started this subject	7/13/2003 5:25:17 PM
From: Michael Bidder	of 520

Here is a report from the mining show. The room was filled, perhaps 200 people in a room designed for 200. There were mostly what to me looked like retail people there. I was told some power brokers were there as well, I couldn't tell. The presentation was well done with a slide show of the geology. Not particularly promotional just factual. For the most part everyone was very upbeat. After the meeting people sort of broke into little groups and their was a lot of talk of tons and grade, etc. I did meet two geologists who disparaged the deposit and everything else. However they seemed interested in the free meal. The IR guys were all excited, and in my opinion it was genuine. This was the single most important factor to me. That is why I spent the $ to fly to Vancouver for the meeting. I wanted to get a sense for the excitement if there was any. Some of them seem to think they have a major discovery. I hope the drill says it’s so.

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