International Precious Metals (IPMCF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alan Vennix who wrote (26172)	11/14/1997 5:31:00 PM
From: Richard Mazzarella	Read Replies (1) of 35569

Alan, it doesn't look as good as far as the company promises. The numbers are consistent with Maxam's in fire assay. Runyon has insisted that recovery would be larger than fire assay. We have seen the results of experiments on 0.05 OPT were "treatment" recovers 0.2-0.3 OPT. Was there something in the assays of IPM dirt that prevented the larger values? The company will have to clarify, but the stock is going to suffer since the expectation was 0.25. Too bad, but the shorts won this round IMO. It amazes me that the company says "we are pleased to yadda yadda".

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next