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

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To: Bruce McGaughey who wrote (32230)5/17/1998 2:50:00 PM
From: Richard Mazzarella  Read Replies (2) of 35569
 
Bruce, thanks, useful background. <<IPM made a deal with MXAM, purchasing the remainder of the BRX property.>> IPM made the deal with Phoenix, a private company were Runyon is a principal.

Larry, Runyon through Phoenix has too big a stake in IPM to let BRX fail IMO. It will be interesting to see what this new funding that Runyon is cooking up to fund the Maxam mines. The change in planning for Maxam has me believe that there may be new financial interests nosing around, just a guess. Even IPM as a LLC to Maxam is a wild ass guess possibility.
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