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

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To: kimberley who wrote (28697)11/29/1997 2:34:00 PM
From: O. H. Rundell  Read Replies (1) of 35569
 
Kim,

<< ipm has .04ish, and no recovery. anything else is speculation, imo. >>

Unfortunately for you and me and many others, the market didn't like the "speculation" aspect.
I would be very happy to believe that Black Rock dirt contains upwards of 1 opt of PMs. At present, however, we have only the word of the company for anything more than the ".04ish" gold and "measurable amounts" of PGEs.
Sadly, as I review the press releases of the past year and more, the company's word doesn't seem to be worth all that much. I'm still waiting to hear the results of the recovery testing that was turned over to BD -- when was it, last May?

Regards,
O. H.
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