International Precious Metals (IPMCF) Message Board

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

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To: Bob Jagow who wrote (31174)	3/24/1998 12:14:00 PM
From: BillyZoom	Read Replies (2) of 35569

"Why not take the property back?". Runyan needs IPM to succeed to bring legitimacy and a larger audience to the Phoenix/Omega/Maxam area of the Desert Dirts. Don't forget that for these companies to raise capital efficiently in this market they need to draw excitement to the prospect of a potential area play, not necessarily a single company play. Two good examples of current successful area plays despite the current resource equity markets are the Diamond Hills area in Northern Alberta and South Voiseys Bay in Labrador. In these areas there is serious interest from the market based on the excitement and potential of so many companies in a given area with the ability to prove up a major discovery. With such a large audience due to the promotion and continuous results from so many companies, there is no problem at all raising financing to keep the drills going for the companies and keep the play alive for the investors. Rob

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