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

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To: go4it who wrote (26193)11/14/1997 6:29:00 PM
From: Furry Otter  Read Replies (1) of 35569
 
What was worst case? 0 opt

What was the best of what we did get? .08 opt

Funny, the highest value reported was COC...what are the others doing in there, anyway? Anybody care to comment?

Does anybody think the old values we got (i.e. .25+) are now off the table? If so why? Did these samples intersect, or do they have any relationship, to prior, better recoveries from IPM-taken samples?

FWIW, when GNU got an independent report showing much lower values from COC trench samples, they had to bail on earlier, much higher, company-taken samples...yet IPM did not do this, nor did they even REMARK on it. Nor did they bail on their bulk recovery report...is this because those are still valid? Wouldn't their lawyers have told them they HAD to do this if they thought it were so, or even possible?

I wish whatever samples BD took had scored big...but we do not know how many were taken, we do not where, all we know is there was measurable gold in them, in values as high as .08. So, we know there is gold, Bateman sez there is gold and platinum via a process that will not be the one they use commercially (and I am sure Bateman is working hard to develop a more complicated and expensive process, with lower recoveries---NOT).

The report does not indicate resource status, nor was it ever intended to. It does indicate that IPM is not a scam. Isn't this what this was supposed to be about?

Regards, Otter
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