International Precious Metals (IPMCF) Message Board

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

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To: Bruno who wrote (28661)	11/30/1997 3:11:00 PM
From: Mark Bartlett	Read Replies (1) of 35569

Bruno, <<In return for releasing this information they wanted $2.5-$3m in cash and stock.(They (AUric) would only have wanted the stock if they felt Black rock was viable).>> IPM is faced with the necessity of finding more financing, possible bankruptcy and a complete lack of credibilty, .... in light of the fact they have managed to squander 40 million bucks so far - the price AUric was supposed to have requested seems mighty cheap. I would bet that 99% of the shareholders on this thread would be happy to accept their terms at present - when one considers this PM find is suppose to be worth billions -what's a few million. MB

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