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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Chuca Marsh who wrote (29560)1/1/1998 3:28:00 PM
From: go4it  Read Replies (1) of 35569
 
Chuca,

Nice post. The warnings were there but it was difficult to see the truth through the rhetoric. The metals are there so I am here. I gave IPM the opportunity to prove themselves and they have not in my eyes.

Since I enjoy thinking these are some thoughts. Is Bateman going to make the difference for the company ? Bateman is a mine operator. They operate mines with high cost mining operations. If they, as consultants, help IPM resolve the extraction problems and the dirts come on line as low cost producers then Bateman will essentially be putting themselves out of business unless they were a partner of IPM. Why would they do this without a JV ? I say they wouldn't. I expect a JV with Bateman if they are going to make this work or something. Thoughts?
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