International Precious Metals (IPMCF) Message Board

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

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To: Larry Brubaker who wrote (23630)	10/29/1997 5:39:00 AM
From: Bruno	Read Replies (2) of 35569

>No, I don't think it is a scam. I do believe they have had problems (hopefully resolved) in consistently producing the numbers mentioned above, thus the numerous delays in the verification process. But I don't believe for a moment that it is a scam.< Excellent post Larry, I agree with you as does the market hence the stock price. The hoped for 0.25 OPT au and 0.80 opt au/pt are IMO not yet being achieved which I agree account's for the delay. Maybe we should expect a smaller sign off if that is all BD can 'consistently' produce at this stage, which is not to say the higher figures are unobtainable. A possible scenario is: the management have a large stake in this company.They might therefore prefer to wait a few months, as has now become the case, to work with BD to achieve the best consistent results possible.Then to release the results for the maximum beneficial effect on the share price. This is a long term hold, high risk stock but definietly a legitimate company with a legitimate target. IMO we should be looking for 0.18 opt au and 0.4 opt pgm sign off at this stage and a share price of $8-10 by Christmas, anything more is a bonus. Bruno

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