SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : International Precious Metals (IPMCF)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuca Marsh who wrote (28015)11/22/1997 1:13:00 AM
From: kimberley  Read Replies (1) of 35569
 
Chuck,

<<Bateman Engineering Inc., an international engineering group with its U.S. headquarters in Denver, Colorado has confirmed, the presence of gold and platinum at Black Rock using the nominated recovery process in the independent verification program. However, the process utilized will most likely not be used for commercial development of the project. Two samples were taken from two separate parts of the one-kilometer grid and as such do not represent a meaningful average for the total grid. These two samples of 20 lbs. each were collected and tested under chain of custody surveillance of the independent consultants. Bateman has indicated that this testing should not be used for the purpose of calculating a resource.>>

This is from the pr last friday. now I am to believe that in fact the recovery numbers were so high that the exchanges would not let them be released, despite the backing from Bateman. Further, that the company isn't allowed to disclose this information (the request from the exchanges for retesting) publicly, but only whisper it around.
The stock falls over 60% in one week. sounds like ipm is held to different standards than other companies.

I dunno, Chuck. it's late, and I'm tired. probably best to get several opinions and weigh them all. hopefully for you it'll work out and the stock will come back with a vengence.

best always,
Kim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News