Global Platinum & Gold (GPGI) Message Board

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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: stanley new who wrote (4780)	1/21/1998 1:28:00 AM
From: Larry Brubaker	Read Replies (1) of 14226

<<Do you or any others here know much about this company? Hope there are no skeletons in their closet to jump out and scare investors.>> Ah...well, maybe one skeleton. Auric was the company that IPM used last summer to announce that they had a fire assay that indicated about .80 opt of Au and Pt. After IPM's "Black Friday" press release (which indicated that everything the company had previously said about fire assay and recovery was, shall we say, exagerated), IPM posted Q and A's on their web site. One of the Q's was "what happened to the Auric Fire Assay of .80 opt" (a pertinent question since now IPM was back down to .03 opt). The answer was that Auric's fire assay was "not repeatable." Who knows what the real story was between IPM and Auric, but this suggests at least the possibility of a skeleton.

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