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To: Bill Jackson who wrote (1413)	7/30/1998 12:54:00 PM
From: BillyZoom	Read Replies (1) of 1539

Reality Check Message 5313442 All this talk about staking the property is nonsense. IPM need $80,000 by Aug 31 to keep the claims in good standing for another year. We have been told a make or break time frame for IPM to remain solvent is a couple of weeks, say mid August. If they stay solvent via a financing the claims and property purchase contract remain intact with IPM. If they don't the property purchase agreement with Omega is null and void, Omega takes the property back and has roughly 2 weeks to organize the $80,000 to secure the claims for at least another year. IMO Runyan would be a fool to let the claims lapse. Worst case he could flip them over to Chuca and at least get a double out of it. The clocks ticking folks, is it starting to make sense yet?

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