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

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To: Karl Zetmeir who wrote (214)10/22/1996 4:56:00 PM
From: TheBusDriver   of 35569
 
In regards to you golf partner .... sell him some GPGI!!

So let me understand.....

1. IPM is going for the gold....they are not going to attempt to extract any PGM's at this stage.

2. The recovery is much better now than published in the past... I am not afraid to mention numbers...I have been told recovery of better than .188 opt had been extracted suscessfully.....and the numbers are getting better than this as the process is tweeked....

3. IPM is NOT A SCAM

4. IPM has funds for 10 months at current burn rate...with $4 mil in the bank IF stock is above $2.82 in Feb. for the exercise of warrents...hope so I have a few of those warrents!!

5. IPM is now confident enough to start looking around for more property. I understand they have secured some adjancent to the property they now hold.

6. WE"RE GONNA BE RICH!!!!!!!!

wayne
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