International Precious Metals (IPMCF) Message Board

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

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To: Chuca Marsh who wrote (26515)	11/15/1997 7:35:00 PM
From: reg	Read Replies (1) of 35569

Cannot believe the market cap on this company! 100 million U.S.! No reserves, no production. BYG has close to a million ounces of gold 1000 ton mill and has earned .075 cents a share in the past 6 months. 50 million shares at .54 a share gives a cap of 19 million u.s. MGF on TSE has a 20 million$ mill , 350,000 tons of .24 ounce ore and a market cap of 10 million U.S. They also have a 34 level mine. This company is way overvalued for what they have. The gold grades are not economic anytime in the next 2 years.

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