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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Wildcat who wrote (28753)11/30/1997 8:47:00 PM
From: O. H. Rundell  Read Replies (1) of 35569
 
Wildcat,

Seems unlikely to be true. Wouldn't we have to assume that AuRIC was working without a contract, perhaps on a spec basis. Surely IPM would have had a contract that said something like "we will pay you $x/month for a maximum of y months to develop a reliable modified fire assay". Surely IPM mgt wouldn't have left themselves open to an unlimited payment.

O. H.
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