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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: TheBusDriver who wrote (58)10/1/1996 8:01:00 AM
From: Richard Mazzarella   of 35569
 
Wayne, you are correct that GPGI sent "something" to a refiner. However there is still some question on whether it's worth the cost of extraction or whether they can survive. IPMCF's lack of Pt extraction is recognition of the difficulty. I would put a bet on IPMCF getting the "right" method before GPGI experiments can get an economical method based on trial and error. In fact, I guess I just did make that bet by reducing my position in GPGI by 3/4 and buying IPMCF.
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