International Precious Metals (IPMCF) Message Board

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

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To: whatitis who wrote (28022)	11/22/1997 3:20:00 AM
From: Bob Jagow	Read Replies (1) of 35569

Rick, < Who's idea was it to not release...the recovery tests > My take was 2A => techstocks.com IPM, in their by now normal spin of things, could relate that 'Bateman said the numbers should not be used for resource calculations' and thereby imply that Bateman said not to release them. Don't think Batemann would be truly culpable for "being a party to hiding bad recovery numbers"--it was not Bateman's press release. Do like, since I'm long, "institutions have been briefed...to persuade [them]...to back IPM"; hope to see indications of it soon :-) As to the 'witholding material info' addressed in several posts: -withholding bad info is the cause of nearly all suits and that is all that matters. It's not the authorities that come after companies--it's the trial lawyers who establish damage pursuant to the statute. SageBob

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