International Precious Metals (IPMCF) Message Board

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

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To: Ron Struthers who wrote (24626)	11/6/1997 10:24:00 PM
From: John D. McClure	Read Replies (3) of 35569

This came off the Crystallex thread: <<I emailed twice to IPMCF asking about the payment required to close on the property according to their press release. It stated that the deadline had been postponed until October 15, 1997. Obviously, that date has passed without any new news from the company. We don't know if they missed the date, extended the date or what. So far I have not received a reply. Previously when I emailed Hugh Leggatt of Placer Dome, he responded promptly. I don't know what the story is with IPMCF. Volume was strong today however. We are not owners of IPMCF and items like this one which remains open would not likely recommend it to us. Ken Holeski Portfolio Manager NewCap Contrarian Fund>> I hope there aren't too many more funds like this that find the lack of an official explanation for the missed payment an insurmountable obstacle to taking at least a small stake in IPM... I have no idea how far this gentleman has gone in researching the company besides the e-mailings. Are you familiar at all with this fund Ron? *JDM* Long John

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