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Gold/Mining/Energy : ECHARTERS
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To: Lew Green who wrote (1726)11/13/1997 4:11:00 PM
From: E. Charters  Read Replies (1) of 3744
 
lese give us a detailed geological description of the enviornment and why it is "pseudo".

#It has not cu-ni sulfides as found with platinum. No species of Pt as would normally be scavenged with the metals. No halo of tellurium, aresenic, antimony, or bismuth or sulfur that would have been picked up by the Pt. No ultra mafic or mafic rocks abound there. Funny.

#There is little geology described at all that is platiniferous in any environment nearby.. The hydrothermal quartz platinum I found in Canada was associated with porphyroblasts of copper and nickel sulfides in the vein. There are two things you look for in a hydrothermal environment. Accessory minreralization and alteration. Alteration gives you the temperature and the accesory minerals tell you the fluid picked up similar or group minerals. Failure to pick up any of these is a tad suspicious. Bre-X had no alteration, and no geochem halo. De Guzman's constant rationalization of this was a big red flag that few picked up. Remember I have dealt with these people before. Their whole modus operandi then was promotion and little regard for the property of regulations. Here they are again breaking every rule in the book. It is custom made for a scam.

<<Unassayable platinum.>>

"No. (Then) inconsistantly assayable. A friend of mine almost a year ago on a visit to IPM requested and recieved a sample, took it home to Europe and ground it to 400 mesh and fire assayed some Pt. out of it. IPM has been very open over the years to all who approached with a half-way open mind. Have you called Martin Hay, former Bateman
metalurgist in London yet to get a contact for the mine in Fiji that's been producing gold they _still_ can't assay for decades? Does that mine not exist? "

# I can assay the gold in that mine and accurately too. It is not an issue.

"Will you stake your reputation on it?"

#Mountford's find of high grade platinum assays on the "source rock" is suspect as why did they not mount an exploration on this formation?
It's all to pat.

#You want proof. There are a mountain of red herrings and suspicion.. you give me stories about people who are supposed "nice" experts and nobody every heard of them.

#So people actually got platinum in a sample that IPM gave them? And it did not need special assaying at all? Well. I would sell every share when I heard that.

#Just the Cayman Islands caper and the George Soros stories and the regulatory scams they have pulled so far is enough to give a normal investor apoplexy.

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