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

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To: Richard Mazzarella who wrote (33308)7/10/1998 2:25:00 AM
From: Larry Brubaker  Read Replies (1) of 35569
 
Richard: I would like to find out what hapenned as well, but I'm afraid it wouldn't be the answer that the advocates of this lawsuit are looking for.

I've got a picture in my mind of the Dateline piece. Jane Pauley knocks on the door of Lee Furlong's $1 million Cayman Island home asking if there are any chickens waiting to come home. Lee (shielding his face) says he lost those chickens back in April '97.

Then Jane knocks on the door of Mason Coggins' modest $60,000 tract home and asks him why he posted as a pseudonym on the internet. Mason says, "I was just trying to save all the naive mom and pop investors from those IPM sharks who were all paying themselves huge salaries and making irresponsible comments like chickens coming home to roost. If they had only listened to me, they would have saved themselves from millions in losses."

Then, after hours of searching in the middle of nowhere, finds Tim Hall in his backyard perlite mine scooping out the stuff by hand. Tim quotes Mark Twain's definition of a gold mine, and points out they never had the water rights to mine, even if they had some precious metals in their dirt.

The camera pans over a panoramic shot of Black Rock. Jane's hair is ruffling in the desert breeze, while a film of persperation forms on her forehead in the 110 degree heat. She comments that gold was, in fact, mined at Black Rock. Gold from investors wallets.

Stone?

Disclaimer: The above is a fictional account of what could happen. None of the above (in particular, the part about Lee Furlong having a $1 million home in the Caymans) is purported to be the truth. For all I know, Lee Furlong blew all the money IPM paid him in Vegas and lives in a trailer court just outside the Merrill Crater.
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