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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Bob Jagow who wrote (27327)11/18/1997 5:20:00 AM
From: john wickenden  Read Replies (6) of 35569
 
New Information???

I notice the need for a positive post and wonder if anyone has noticed this......

Alan Doyle on hte wires spoke of 0.5 to 2.5 g/t gold and up to 80 g silver.
Now he seems to have been possibly mixing the numbers on the two methods, the FA and the leach tests.
More likely the reporter to whom he made the comments mixed them up.
2.5 g au and 80 g silver were not in the FA results.....it seems likely this was the result of the leach tests.
At the same time AD seems to think this is unrepresentatively low, and we know he didn't publish them.
This is not definite, but seems very likely to me.
It affirms my suggestion that the FA only gets a small portion of the gold out.
I hear the Platinum side of the FA is coming along well and they will be running the backlog samples for Pt in expectation of a Pt FA verification.
In signing off , one thing that seems a strong probability to me.......
As you know I mentioned yesterday a new extraction method that I heard worked. It seems extremely unlikely to me that IPM would publicly drop the old leach method unless they were doing well with a new method. Publicly. Think about it They would have to be very confident to drop one of their stilts. They certainly seem to have been overly confident about the PR.
BTW I haven't heard a word about this new method from the company..what I heard about it was from an unbiased source I think.

All this is assumption. I just thought I ought to make the points.

John.
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