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

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To: C L who wrote (502)11/17/1996 8:49:00 PM
From: Richard Mazzarella   of 35569
 
CL, I have looked past the end of my nose. You call that report impressive? I sensed frustration in the last company announcement. Much like what has come from GPGI's Jensen. My last communication with IPM had a response that they were looking for Naxos to pave the "fire assay" way. We all know where that stands now. We also know the result of just attempting to remove the metal. I was a scientist/engineer for most of my life and can understand the difficulty of extracting the metals from the matrix at affordable cost. I hope you make a lot of money on IPMCF, but I will not lose anymore on it. There are some deals that I don't have to have. I also know that my thinking is somewhat past my nose now.
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