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

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To: reg who wrote (26508)11/15/1997 10:10:00 PM
From: bistineau_la  Read Replies (1) of 35569
 
<.036 is about 1 gram/ton. Marginal at best >

Yes but don't confuse this with the real extraction rates. We have seen over and over that the DD fire assay numbers are much less than extraction rates.

I read the press release last PM and have spent part of todat reading this thread. I am very impressed with this group. A very intelligent and tight nit group, Can't help but respect the folks here. There are a few exceptions such as Chatters and Grasshole.

As most of you have expressed, I was dissappointed with the numbers presented in the report. Thinking back though, we would have given an arm and leg a few months back for a COC. We have it now. Our expectations had been set higher with the extraction results at the AGM. Just wish the press release had contained more assurance that the fire assay numbers don't correlate well with extraction numbers. Hopefully that will come soon. Also look forward to the PT numbers.

Best to all.

Julius

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