Again, this is misdirection and assinine drivel, right from Coggins.
<<#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.>>
I doubt all of your details above as most likely specious and misleading, but you could be playing straight here -- I'm not a geologist and frankly I can't give you that much time to hash this all out. If only you had raised these as intelligent skeptical points of debate at the start instead of yelling "fire!" in a croweded theatre and recklessly convicting people of crimes and fraud _first_ as you did -- I would have been motivated to interview Tom Dodge and make calls to Australia and England and get you point-by-point scientific responces. Some may readily be on the IPM web site already, and in other reports, like the one in the 10K. Someone should lead Terry Christopher here, But I read eagarly this whole type of debate here on SI many many months ago -- including posts by Terry Christopher, and became satisfied IPM if proven up in au/pt. would definately be atypical but far from impossible.
Also, you most knee-jerk rejections are weak. There are plenty of examples of non-ultra mafic pt deposits, _and_ ones with _both_ au and pt, including one with a higher pt to au ratio. In fact, one is the most famous never developed (due to politics), hydro-thermal au-pt deposit in recent mining history.
Mr. Charters can you name that deposit for us? Surely your research would have covered this? I'll help, I've even posted about it!
But, all in all, yes, I have stated this area you mention here was my # 1 dd concern, but it is hardly evidence of a scam or the criminal activity that you have libelously assumed in print here. I have gone over these arguements with Dr. Robert Creelman, the Vercombes, Terry Christopher and Tom Dodge, and again, I agree -- it is not a _TYPICAL_ at first glance deposit... but it is ignorant and unethical and probably libelous to brand people criminals because of _that_.
And even a skeptic like Dr. Creelman will tell you it is possible, and the Vercombes will sight you chapter and verse on precidents. Did it ever occur to you to make a few long-distance calls to other than Coggins and Lumbar before calling people criminals? Would it _HURT_ you to just hear out the opinons and theories of PhD geologists and geophysicists with credentials and degrees that make yours look like correspondence school and have spent time on sight?
Before you run the Vercombes down in your usual libelous assine mannor, and accuse them of fraud, collusion and criminal complicity, can you sight _ONE_ example of them reporting favorably on a geological envoirnment that later turned out completely false, misleading or part of a scam? They are are very respected husband and wife team of PhD's, who spent 2 months crawling around Black Rock mapping it in detail way beyond the previous Geological survey, and they are honest and above reproach -- true "rock nerds" not like you: a stock promoter and newsletter salesman who struggled thru Hallesbury in his 40's.
Canada was would have easily been considered a "psyeudo" enviornment for diamonds 30 years ago, and your idiotic and egotistical post about _YOU_ being responcible for Ashton's drilling and that whole diamond "play" is beyond laughable. If you had known where they should look one would assume you could have tied up a lot of land first (you are a professional prospector right?) and you'd have made so much money by now you wouldn't be here doing this pathetic stuff for a few subscriptions or whatever you're getting out of this biased, illogical, childish IPM assault.
Back to the unusual pt. geology, You are obviously mimicing Mr. Coggins now, I can just see you calling him on each post and him dictating the replies... this is funny because you posted _AGAIN_ a huge error here Coggins is determined to stay in denial of -- despite proof in the US Geological Survey.
<< #There is little geology described at all that is platiniferous in any environment nearby..>>
WRONG. Check out the "Boss mine" from the early 1900's. Terry Christopher reported on this and it is heavily documented. So is the above statement you made evidence of someone being very igornant, or so arrogant they make statements without bothering to know if they are true even when the evidence has already been sited on these threads, or are they just here lying and twisting however they can to run down a certain stock for the shorts. Mason Coggins has a lot of denial in this issue -- he can't stand the thought of Pt. in the Southwest.
<<book. It is custom made for a scam.>>
This is wrong and illogical. I looked for scam like crazy when I got in this stock. First there are two kinds:
Lightwieght flim-flams:
These are Nevada "dirt piles" where investors are dragged out from the Casinos, and mid 80's Utah and later Denver penny stock frauds, where boat loads of 5 and 10 cent paper are dumped and the tent quickly folds. A few get actually run to a buck. The former are private, the later only a few are really publicly traded, and none last more than a year. Period. I bet over 90% fall into this. These are the kinds you and your ilk love to point to and they are illogical and don't fit IPM and never will in a million years. You can't take all these fund guys (like Cap Gaurdian's is a geo!) and their metalurgist to this kind of thing and expect them not to see thru it. You'd never get, yet alone _keep_ BD or Bateman on one. This is idiotic.
Heavywieght mainstream fraud: Bre-x, Timbuktu, etc.
Consultants/labs have been _rarely_ manipulated and sometimes fooled (like Kilborn) but not on strict COC which is now the standard. And all of these have in common: THE ORE IS _EASY_ TO ASSAY !!! It is so stupid to argue that IPM is fishy because they have struggled to consistantly assay it _AND_ they have been salting it! This is frankly the most moronic argument I have ever heard on these threads!
<<I can assay the gold in that mine and accurately too. It is not an issue.>>
Oh but it is. You _have_ said this and expected _everyone_ to believe it and believe it qualifies you to KNOW what the story on IPM is. This is hipocracy.
"Will you stake your reputation on it?"
Whoah, c'mon quit hiding. Stop being a chicken. Is there or is there not a mine in fiji producing gold that _still_ can't assay the ore at any conventional lab. Yes or no? Is this part of the IPM red herring and scam or not. Give an answer and stand up for it.
<<#So people actually got platinum in a sample that IPM gave them?>>
No. My friend was on a tour of the property last spring, and saw a huge deep open trench and climbed down into it. He asked Alan Doyle who was there if he could take home a souvieneer and was given permision. He then pocketed some nice chunks of dirt as he walked the trench.
<<#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.>>
This Caymans thing is more "fire in the theatre"... It is a known tax haven for BIG BUSINESS and many fortune 500 companies and I bet outfits like Rothschilds do business down there! In the Billions. This is just cheap scamming of this thread to take advantage of the Brex connection. This was also covered in depth.
This Soros crap has come from only one source: Bernie Lumbar and is documented. Lumbar is a tool of Mason Coggins, and mentally imbalance con artist who has lawsuits filed agains everyone including his car repairman and his pyschaitrist. Interestingly Lumbar has _still_ never bothered to serve his lawsuits on IPM and currently none legally exist because of this as I understand it.
Can you get any more desperate or pathetic struggling for material Mr. Charters?
Yes, IPM is guilty of having difficult to assay refractory ore. IPM is guilty of having an apparently (exploration is not finished) atypical pt anomaly.
Fine. This doesn't remotely justify your reckless, libelous, disparaging campaign against this company and it's shareholders.
Lew Green |