International Precious Metals (IPMCF) Message Board

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

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To: Ron Struthers who wrote (26693)	11/16/1997 1:58:00 PM
From: Albert V	Read Replies (2) of 35569

Ron, this press release was supposed to have SOLVED IPMC's credibility problem. Instead it made it worse! I didn't buy this stock hoping their lawsuit would be succesful, I bought it because they said they had a Fire Assay in FEB97 that worked and pulled .25 ounces ton gold out. A lot of people didn't beleive them and guess what-THEY STILL DON'T. This failure (thats what it is) is comparable to their June 96 failure of their refining plant , with the resulting decline in stock price to about a BUCK. Wouldn't be suprised, in the current environment, if this price was approached again. Albert

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