International Precious Metals (IPMCF) Message Board

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

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To: Chuca Marsh who wrote (32737)	6/7/1998 4:05:00 PM
From: E. Charters	Read Replies (1) of 35569

It's a religion I guess. There was gold in your Buttes? Organic extraction is called for. Impossible to recover. Impossible to say when the stock price will recover. New Cinch is the name of a company where a celebrated assay scam done on an American property by Atomic Absorption assaying. The assaying technician, a young guy of about 20 told his parents "they know I know about it and they are out to get me." Ten days later he was found in his apartment with a bullet in his head, the door open. There was no weapon found. It was ruled a suicide at the time by the Tucson police. It has since been declared a murder. 100's of millions were lost in the market by people who believed the assaying scheme of the company. It was subsequently proved that the iron in the absorption spectrum had masked the gold results and caused erroneous reportage. It is widely suspected but not yet proven that it was an out and out scam. EC<:-}

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