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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Bruce McGaughey who wrote (539)11/23/1996 3:27:00 PM
From: C L   of 35569
 
Hi Bruce, You might get some of that data from a Bre-X thread, if they have one. I know their reserves came about slowly, hole after hole. Most of their material is so-so -- .06 to .07, but there's a lot of it. They are a couple of years from production so anybody that thinks IPM won't move until they open a mine, isn't using their head.

Incidently, I predict IPM has a lot more total metals than Bre-X does, so that should give you an idea of why the stock is a little under-valued.

C L
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