IPMG - International Precious Minerals Group Message Board

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

IPMG 0.0001000

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Nov 7 9:30 AM EST

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To: creede who wrote (359)	11/18/2005 11:37:05 PM
From: rrm_bcnu	of 799

Chris, There are a whole lot of variables that will factor in to this. The biggest will be if they are developing to mine gold, or are developing to sell the properties to other bigger miners. The key here is to find out just how much metal is on their properties. Those in-ground reserves are what the bigger miners want. They would then buy out shareholders at a premium to current share price. Normally, arbitrage would move the price up to valuation in a buy out. If, instead they are seriously planning to mine, then we are 5-7 years away for production on any large scale property, and the PPS would slowly climb to the prices mentioned in the last paragraph of that post. A 50x-100x ROI from say .01, would place the share price at .50 to 1.00... a .50 share price would make most traders here very happy. Rick

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