International Precious Metals (IPMCF) Message Board

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

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To: Eric Tai who wrote (19)	9/6/1996 10:20:00 PM
From: Zeev Hed	of 35569

Eric: Read in details their 20-F. You will see between the lines that this management has gone through $40,000,000 of OPM. They line their pockets ($850,000 in consulting fees and $200,000 travel expenses). Then they hype the stock and do not deliver on promises. I am not interested in incompetant and greedy management. By the way, when was the last time the "source rock" was found in the alluvial deposit itself. It is physically almost impossible. Just another hype. Zeev

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