Chuck, You didn't address your questions to me but I'll answer by saying there has never been another mining stock with the potential of this one. You might want to go to the web-site ipmcf.com and do a little math. There are a lot of very skeptical people right now or the price would be a lot higher. The company is working on getting the engineering signoff, when that's accomplished you will see the price move up big time. The following is something I wrote in Compuserve and am just going to paste on here:
Anne, The bulk tests are scheduled over the next 7 weeks. They started with 3 gram quantities and are now working on 1 pound sizes. They will probably go to 3 pound, 10 pound, 25 pound, 100, 500, and 1/2 ton. I can't tell you how they will come out yet,as that's in the future. I believe the company will give us updates as the testing proceeds.
The MKIS is a joke somebody thought up- it stands for: Miltimore Kamikaze Investment System. Do not sell all your other stocks just because they are boring. All miners are boring until they hit the big one. Putting too high a % into any one speculative stock is foolish -- don't do that.
The company has indicated that there will be a steady release of news from now on. I believe that the platinum numbers will be followed by results of the scaled up bench and bulk testing, as they become available. They have been good about reporting progress, however there was just not much to report since July and now the data is starting to flow.
What's really important here is that the larger size bulk tests get finished because that will set the parameters for the production plant. The permitting process takes the most time and can't start until the company knows precisely what the chemicals and procedures will be. Once the permitting process is started they can start hiring the engineering staff, raise the funding, more drill programs etc. The big bulk tests are also important as that's what Behre Dolbear will monitor and use for their reserve calculations. Be patient, it's all starting to come together.
C L |