IPMG - International Precious Minerals Group Message Board

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Gold/Mining/Energy : IPMG - International Precious Minerals Group

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Mar 7 3:00 PM EST

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From: creede	9/23/2005 6:02:31 PM
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All - Got up this morning and decided to call IPMG(720.222.1038). It was about 8am central and didn't expect an answer but I tried anyway. I didn't get an answer but I did get a surprise. My phone rang about 5 minutes later and the person on the other end said "Did someone call?". I said I was trying to reach IPMG and he then identified himself as Brian Robertson CEO of IPMG. I said I was shocked he called because I didn't even leave a message. I then told him that we had a group of investors that were interested in IMPG but hadn't seen a PR in almost two months and that we concerned that we wouldn't be getting one until after the monsoon season(November). I told him if that was the case then who knows where the share price will be since sub-penny stocks are PR driven since we have very little info. He said that there were a many things to consider. First of all he said that they are putting their time, money, and energy focusing on mining gold ASAP especially with gold prices at $460.00. He said that they feel that they should focus on building the company and then the share price will follow. He said that they think it a waste of money to have a PR machine that pumps out nothing but fluff and false promises. He said we may not realize it but micro-cap companies that seem to have a constant flow of PR have to have to be spending a lot of necessary capital in area that will take care of itself if the company just accomplishes it's business model. He said that are only going to release PR's that are real news. I said in that case the current share price may not at the bottom then since IPMG would not even be on the ground in Cambodia until November. He said that Cambodia on only one of six projects that they are currently working on(so we could get PR's from other projects as well). I asked them why they choose Cambodia. He said the main reason was because they could mine in Cambodia of 30% cheaper than they could in the U.S. Labor is much cheaper there. New equipment is cheaper there. Shipping costs to China are much cheaper which is important since they are driving up the demand for gold. He then said that they choose the Cambodian project over a China project because many companies are already in competition there. He said that really they are the only real "players" in Cambodia right now. I then asked about CMBV and he said that he would not get into insulting them but I may want to consider that they(IPMG) bought 100% of GUL's interests in southeast asia which therefore makes them the only real player. He also pointed out that IPMG has six projects in the works. Also, he is a geologist and so is William Boberg(I think he was inferring that CMBV only has one project and their CEO is not a geologist). I then asked him about the capital structure. He said that that that the number on pinksheets was correct. So I said that means the O/S is currently 325 mil. I then asked what the float was and he said he would not give me a specific number because he did not have know the exact number and did not it want to give out incorrect information. He did say that AROUND 80% of the O/S is restricted and insiders own most all of it. AND it is much smaller than most people think. He did say that the share price should very good for entry and used RIMM as an example. He said his brother had RIMM from an IPO at .06 and then sold at 20.00. He also pointed out that RIMM went on to 95.00 but who knew. He didn't disclose dollar amounts but I guess he was trying to say that IPMG investors may see something similar. In close let me say that I was very impressed with the fact that he took time out to talk to a little investor from Memphis. He had quite a personality(especially for a geologist) and personality goes a long way in making business deals. He also said to call back at anytime. He said that if he was busy to leave a message and he would call me back as soon as he could. This is a sharp contrast to Mark Astrom of VWKM who wouldn't call me back and when I did reach him he jumped off the phone in 2 minutes. I put in a buy order right after I got off the phone. I'm not overweight in this by a long shot but I think it could get much better from here. God Bless - No Doubt cris Note 2 points. 1. At Brian's word the float should be at worst 65 mil(80% of 325mil). I know I should just assume 325 but i'm being hopeful. 2. Sounds like we could get PR's from any of six projects. This might start slow but when all the projects get underway it could produce a bonanza of REAL news.

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