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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Matt C. Austin who wrote (23240)10/25/1997 10:39:00 PM
From: sh  Read Replies (1) of 35569
 
Matt Austin:

I wasn't going to enter this one since I don't think we need a Naxos v. IPM attitude. While I agree with Mr. Schwertley on getting the Naxos release out first, I certainly would not have posted that opinion here. Your attack on Jimmy John is a pure ad hominem tactic that attempts to divert from the substance of the matter. I will not respond to your specific attack, those interested can visit the Naxos thread and will get better information on that. As to substance, Naxos already has third party (Ledoux & Company) COC assays of its ore proving the existence of more than .483 ounces of gold per ton. I don't believe that IPM has had any COC gold test results over .07 opt. Naxos is likely to get into mining its PM's out of Franklin Lake not long after the pending COC tests are completed. The Johnson process involves PM recovery, not just assaying. Naxos COC results will speak for themselves, probably beginning this coming week.

BTW, Naxos has a self-imposed insider trading halt pending its release of test results for the BD COC ore. Does IPM have a similar halt pending the release of its results?

I don't believe we need to pit Naxos against IPM and visa versa. I just couldn't allow your comments to go unchecked. To those interested, read the following for an eloquent defense of Naxos' management:

techstocks.com

Regards,

sh
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