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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Furry Otter who wrote (24177)11/3/1997 7:19:00 PM
From: Bob Jagow  Read Replies (3) of 35569
 
Otter, You and others have much used the argument, "If they had bad news, they would have to release it. Period.".
I am long and find the argument comforting, but unfortunately doubt its accuracy in the current context.
They have been assaying and assaying and assaying for over a year. I think that the only bad news they would be forced to disseminate would be an unequivocal report that "The labs found that the submitted samples contained no gold or PMGs (or less than the previously reported 0.4oz/ton).
What I and possibly others fear is that more equivocal reports such as "the analyses were thwarted by...but we haven't given up" or "the results vary widely within and/or between samples" might well be suppressed in the hope that "we will get it right next time".

DourBob
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