International Precious Metals (IPMCF) Message Board

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

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To: go4it who wrote (29677)	1/9/1998 10:27:00 AM
From: Bob Aldridge	Read Replies (1) of 35569

Charles, I'm now quite confused over the last announcement. What is a Wet Chem. Assay with AA finish ? Is this the FA we are now using or something completely different, and if so, why is it relevant ? Maybe IPM intend to use this now, if so has Bateman and the stock exchange approved it ? Why don't they tell us ? It is my understanding that we have a FA that works (as confirmed by Bateman) and that this will prove a reserve of 2,500,000 oz for the first grid to 100ft. I'm happy with this since I believe the deposit is at least 2x this and possibly 10x this. In which case the major risk is `only' an economic recovery process. I just wish IPM would take the time to explain in clear simple language how they are progressing against their stated objectives. The objectives always seem clear enough but each press release seems to be wide of the mark rising more questions than it answers. Bob.

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