International Precious Metals (IPMCF) Message Board

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

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To: Smurph who wrote (26363)	11/15/1997 1:44:00 AM
From: Don Potenza	Read Replies (1) of 35569

Hi, Smurph! Please, someone, is there a problem here? There has now been third party verification as to .04 gold - enough to make a mine profitable. IPM's recovery has been stated to be about .28 gold +.28 Platinum+.28 Paladium. Is there any evidence here that these recovery rates cannot be greater than the assay ? IPM has stated this all along, and the display (provided by Auric) that they had at the AGM in fact verified this. We are going step by step here. Now that gold and platinum have been verified, I believe that it is only a matter of time that the true recovery rates will be verified also. This company has had to fight for every inch of integrity that it has earned. Lee Furlong, I respect you for your honesty and perseverence. As a matter of principal, I would rather lose $1 going long than make 1$ going short off of some poor guys' life savings. All the best to all of you, see you at the next AGM!!! Don Corleone

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