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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Bob Markley who wrote (26225)11/14/1997 9:07:00 PM
From: Mark Bartlett  Read Replies (1) of 35569
 
Bob,

<<The key with IPM is huge potential tonnage deposit can NOW be delineated with drilling/trenching AND the fire assay. Further the RECOVERY grades could be much higher and easier to obtain. >>

I am not sure that the report is as bad as some would believe. It is a significant positive step that COC samples have been obtained and proven to contain gold - in amounts that may be ecomomical _if there is enough of the stuff _and if the recovery process is cheap enough.

Those remain the two key _technical issues here .... once they are proven, then of course some of the other realities come to the play, like permitting etc.

I honestly do not know if the news will support the stock price, but IPM IMO will still be worth following assuming they can continue to get the necessary capital for their research purposes.

And finally FWIW ... I have personally met some of you and know you are good, honest hard working people. Despite the fact I have remained in the shadows for some time, I continued to monitor the story and wished very much the report was more supportive. I am appalled that certain individuals could be so callous in their gloating over this outcome - some of these individuals are truly pathetic.

Best to you all,

MB

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