International Precious Metals (IPMCF) Message Board

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

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To: Larry Brubaker who wrote (31967)	5/5/1998 4:43:00 PM
From: Ron Struthers	of 35569

<<Even if that is what Struthers is suggesting, how would the focus quickly shift to who has the better grades and biggest deposits?>> Hello Larry, the just of my newsletter is, I believe the recovery will evolve much like the fire assay. Several companies will solve it around the same time. I would not be focusing on who gets recovery first other than a possible short term trade. What matters is who has a deposit or good property. << How could anybody possibly know who has the better grades and biggest deposits since most of the dirt property has not been extensively drilled?>> Excellent point, only IPM, Maxam and Naxos have much drill data. Now that there is a fire assay, much more drilling and assaying will be done and we will see resource statements form 3rd parties. This will start giving an indication on who has deposits and grades, economics and feasibilty will follow based on this. From data thus far, I would say that IPM, Naxos, Maxam, Intergold have deposits. MG Gold and Chip are looking positive. Ron

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