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

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To: GlobalMarine who wrote (33494)7/28/1998 11:42:00 PM
From: d:oug  Read Replies (1) of 35569
 
Rand, I agree with you and I hope that you agree with me that from
the view of these two threads, ipmcf & desert dirt ta, that I see
Charles, Robert and Paunch as the ones putting in the time and effort
outside SI, after their regular full time jobs, to help all the IPM
shareholders. This activity has just started about one week ago,
and with IPM having a Chapter 11 court date in about a week that
was leaning towards Chapter 7, precious time is available for these
three men to accomplish what is needed to satisfy the courts as a
plan that the court will accept. Yes, I am totally in the dark what
is there as a company if the shareholders put up money to get control
of the Black Rock dirt. No way anyone of us wants to put more money
into ipmcf and find out we got a can of worms or a quagmire situation.
These three men also feel this way, and for themselves they are
watching events unfold and would stop if they saw the rescue as being
too unstable or unsure. But these three men don't have the time to
explain the view or steps to be taken as they would like to. So, we
can trust them or pull back and maby slow them down, or we can ask
for information on whats happening, not directly from them, but from
other ipmcf shareholders that know the kind of things these guys are
dealing with, and explain to the ipmcf threaders out there what their
understanding is. The info has to be gotten from these three men,
but if another ipmcf shareholder threader has lots of mining knowhow,
then please do a quick Q&A with these three, and then take the time
to do a longer Q&A with threaders like me that need to be taught
at a beginners and basic level. For example, I would feel more
secure having control of the Black Rock dirt if after we pay off the
debts of Chapter 11, that we sell "part of the farm's profits" to
the desert dirt company Maxam so we can use their extraction and
profits making techniques and equipment. But me saying this shows
that I don't have an understanding of the desert dirt arena. I know
GPGI has extracted precious metals for a profit, and I read that
MXAM is very close to doing this (I'am about 100 mxam posts behind
the current). Please for us all ipmcf shareholders, those with
knowledge of this stuff, please do a go between for shareholders like
myself that are just waiting and watching for a rescue.
Thanks
Doug
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