JP,
You must surely not think that I am an IMPer (never held an IPM share in my life, was not even tempted). My interest in the DD's (other than a very small position in GPGI) is in Naxos. The only reason I'm spooked is because of my limited knowledge of this mining industry. When I hear that one set of results is from a "standard" lead fire assay, while the other is not, I begin to ask questions such as why? If it worked the first time through the standard, why go to a slightly modified? It's really a matter of curiosity, not concern. To me, the company has shown it has the goods and it's only a matter of time before we prove the large extent and economical recovery thereof.
I too feel bad for the IPMers and have expressed my empathy on their thread. I was really hoping they would get good numbers since I believe that positive results from any DD can only help the other DD's, all of which are still trying to prove their legitimacy to the general mining community.
It's good to see our posters engage in positive discussions with the IPMers. Unlike Bre-X, IPM is not a totally lost cause. While, unlike our friend of old Jay Taylor, I believe it is absurd to think that IPM is a better buy than Naxos, those who were and continue to be deeply involved in IPM may get some relief yet. However, to those who have been so badly burned that they are now casting aspersions on other DD's, your comments are most appropriate. Time should heal their pain and rationality should take over once again at some time. At that point, they may even decide to get into our favorite stock.
sh |
