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

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To: terry kennedy who wrote (20548)9/11/1997 1:01:00 PM
From: Gerald Walls   of 35569
 
The obvious is why not go ahead and release the gold reports from BD and at the end of september release the Bateman report?

There are actually three parts to the release:

1) Mining & Minerals injunction. Minor news and known here for several days.

2) Bateman added to team. Major & good.

3) Another report delay. Major & bad.

Why did IPM wait until now to do the AU and PT together? It's not like the PT was just now discovered on the property! It makes no sense to delay.

It is a poor decision, IMO, to wait another two to three weeks to release the AU and PT reports together if the AU is ready and is good. Therefore either the AU report is not ready or not good, or IPM has made another poor decision. I bet the gold numbers won't be has high as expected.

Steffy et. al. will say: "Yet another delay in a sequence of several announced on September 11 by IPM. As in some past announcements this delay is being blamed on an increase in the content of the report."

Come on, IPM. Finish something for a change instead of always expanding and never finishing.
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