International Precious Metals (IPMCF) Message Board

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

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To: Tim Hall who wrote (32515)	6/1/1998 7:03:00 AM
From: Richard Mazzarella	Read Replies (1) of 35569

Tim, since you raise an interesting comment about MGAU/IPM, let's discuss it. I previously posted that maybe MGAU could take IPM under its wing so that it could trade on the BB. However, if you notice, there seems to be some financial stress pointed out in IPM's 10q, who owes who what. MGAU did give IPM a CEO for whatever that means. IMO MGAU is scared to death having any connection with IPM. MGAU is hardly telling their investors anything lately, concern about PR hype? They sit on potentially the largest precious metal body in the Southwest and there is just a little important information only recently posted on their webpage. The "IPM effect"? Besides the negative political effect of IPM, I don't think that MGAU has the resources to take on IPM debt. Maybe Maxam can? Maxam owns a lot of IPM stock worth protecting? Comments?

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