International Precious Metals (IPMCF) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kimberley who wrote (28576)	11/27/1997 10:24:00 AM
From: ddl	Read Replies (1) of 35569

Happy Thanksgiving to all my southern neighbours.... Kim, IPM did allude to very low recovery numbers. The "Persistence of Vision" (which I might add is prety good reading, second time arround) states... "Prelimenary engineering reports indicate that Black Rock ore can be mined for less that $1.00 per ton. Processing costs are also expected to be low. This is critical, because in addition to having one of the largest potential reserves in North America, IPM will become one of the lowest cost mining companies in the world." Now how can they state this without at the very least and in their professional opinion know they have a recovery process that is most probably going to be verified. As professionals they have an obligation to state only what they know to be most probably correct. I'm sure at printing time they knew they had BD recovery problems.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next