International Precious Metals (IPMCF) Message Board

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

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To: Ben & Ally Maddox who wrote (33372)	7/15/1998 6:24:00 PM
From: Furry Otter	Read Replies (3) of 35569

Nice letter, well-written, concise, but I don't get the underlying premise. It seems to me what destroyed the value of IPM was a certain press release that IPM issued last November, not anything Mason Coggins or AZDOM did. Which is not to say Coggins and AZDOM aren't evil and misinformed, I just don't see how they are really responsible for the pickle IPM is in now. I also do not see why the letters are necessary; if some shareholder wants to sue AZDOM and Coggins in a class action, all they need to do is sue--they do not need letters from other shareholders. Does IPM management have any involvement with this letter-writing campaign? For I can't think of a better way for IPM to avoid any accountability for its actions than for hundreds of shareholders to state publicly that they think somebody else is at fault. JMHO Regards, Otter

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