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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Bob Markley who wrote (26225)11/14/1997 7:01:00 PM
From: Furry Otter   of 35569
 
I would feel much worse about this if, for example, BD/Bateman processed and assayed the second half of split cores that IPM had previously announced had assayed at .25 or higher...but that is not what this is.

Part of the problem is we may have had an image of a PR that said, "Independent consultants confirm existence of precious metals at BRX exceeding 1 OPT," which was basically the message we got at the AGM. But I do not think this was a verification in the sense that BD was auditing prior samples taken by IPM that resulted in the above statement...they were doing a complete COC, with a limited number of samples, to verify the existence of measurable quantities of gold by ASSAY, and to determine whether IPM's recovery process worked. The first part of the PR answers the first q ("YES"), and the second part of the PR says, "YES" to the second q, but hold on, we are working on something even better.

Now we can say THE GOLD IS THERE, and this statement cannot be plausibly challenged.

Regards, Otter
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