International Precious Metals (IPMCF) Message Board

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

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To: Ron Struthers who wrote (520)	11/20/1996 5:45:00 AM
From: Mr Logic	of 35569

Ron, Alan, CL, I guess I have looked at this stock so long I get the facts mixed up. Much as enjoy the talk of a four digit stock price, which would make me extremely wealthy, I was trying to remind myself of the likely downside (rather than the actual downside of $0). When I took an initial position some 6 months ago I figured it was around $5. With .046opt at 80% ownership, that still pans out. What concerns me a little is that if I struggle to work out real, signed off vs. other assays on the web page then the information presented is not 100% clear. What we don't need is spin on numbers - I'm not interested in short term stock gain other to ensure that funding goes smoothly with the warrants. We know that with 14 times the area, three times the depth, six times the recovery PLUS the hard rock the upside is outrageously good. I think the ownership figures are very important for the early stages; 25% vs 80% makes a huge difference - on .1opt Au sign off, the difference between $3 & $10/share. (Buzz: I would settle for 25% of infinity though) Patrick, from Yorkshire, England where the old saying goes "where there's muck there's brass"

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