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Bruce, I don't know where we stand regarding the T. Hoare holdings. About all I do know is that the IPM office is closed for the holidays, so there won't be anything for at least 2 weeks. Would expect that the co. will have to report the Pt. results within a few days of opening -- assuming that they have been received from both labs. As I read the latest release, the 50 lb and 1000 lb tests should be completed in the next couple of months. IPM might release data from the individual tests, or they may not. BD will be in attendance at some of the tests -- intermittently through the next 2 months. So if you're thinking of trading, there may not be much time between announcements. They could b e coming at about 2-week intervals. This is speculation on my part. Although, I wasn't kidding about selling a few shares at 250, I think you should listen to C L about the dangers of trading this one. From my standpoint we (I) were lucky that the latest release did not include verification by BD. If it had, the stock could easily be at 10 or 15 today. As it stands, my mother, my friends, and I still have some time to sell some junk and continue to accumulate. I know it drives C L crazy and is hurtful to folks in PHX, but the market's continuing disbelief in IPM is permitting a lot of us to become potentially VERY RICH!...to quote one of our favorite expatriates. What a bargain:12.5 (or more) million ounces of gold, and probably more Pt in the first 100' of the first grid; and the company has a market cap of less than $80 million. Don't ever expect to find a buy like that ever again in my lifetime. Getting giddy again, O. H. |
