International Precious Metals (IPMCF) Message Board

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

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To: Richard Mazzarella who wrote (33828)	8/30/1998 10:49:00 AM
From: Tim Hall	Read Replies (3) of 35569

Richard, <<Guys that profess that they don't have any financial interest seem to have more knowledge about what's happening than shareholders. These threads are proving to be useless for information useful to shareholders and only serves people with their own agendas, it stinks. >> Some of us have many years in the mining business. We have associates and friends in the business. The second in command at Hecla and the Cheif exploration geologists for Homestake, Phelps Dodge and Amax are classmates of mine. In order for their to be placer platinum in Arizona, there would have to have been hardrock platinum there at one time. Except for GPGI's claims about Oro Grande, there have never been any mines produce platinum in Arizona. (The exception being very tiny amounts recovered from copper refining.) I have spent many hours researching the Oro Grande and I can't confirm any prior platinum production. My associates still laugh at the DD's. Another associate of mine, a classmate and a neighbor, is the Senior Mining Engineer for the New Mexico Bureau of Mines, another associate is the Mining Supervisor for the BLM. They get calls daily from investors trying to do DD on Desert Dirts or trying to track down what happened to their investments. The bottom line is, there are too many unanswered questions for any mining professionals to take any of these DD's seriously. We can see right through some of the BS, like Hewlett's that is used to promote these "investements". It might interest you to know that even though Hewlett is touted as being a well respected mining professional, he has been involved in promoting desert dirts for years. I don't doubt that he has made lots of money but he has yet to produce even one ounce. He has his own claims in CA which he claims to have huge rserves, I have seen some of his calculations. These claims have been used to solicit investors who are now looking for their money. I can fax you this if you are interested. Tim

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