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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: E. Charters who wrote (24834)11/7/1997 8:30:00 PM
From: Mark H...  Read Replies (1) of 35569
 
THE LEVELS OF PRECIOUS METALS ASSAYED WERE LESS THAN 5
THOUSANDTHS OF AN OUNCE PER TON. INTERESTING TO BE SURE

SINCE THEN THERE HAS BEEN NO SUCCESSFUL INDEPENDENT TEST
OF THE BLACK ROCK AREA.

As I recall, the assay levels were 0.046 oz/ton, which is less than 5 HUNDREDTHS of an ounce per ton, not THOUSANDTHS.

If you are going to pretend to be our friend, warning us of the horrible dangers of investing in IPMCF, then at least keep your facts straight. For any newbies that may be worried, this was still regarded as a minable resource (if production efficiencies are as good as assay numbers). Some mines are operating profitably with far lower grades.

IPM is working to prove the grades are much higher than that. BD has at least verified the 0.046 number.

Mark Haythornthwaite
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