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

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To: Richard Mazzarella who wrote (1401)1/15/1997 1:34:00 PM
From: alte   of 35569
 
HI All. My machines are out today so i'm bored. Reading these
attitude/posts.... I find myself ruminating on just what stage
we are really at with this project and investment. And that's
enough to make anyone a bit edgy. Recent assay figures, about
0.28 au. A major scale up program about 6 weeks from completion,
with target of 1100 lb samples, including BD chain of custody 1100lb
samples, validating or not grid one, hence inferentially some
adjacent grids as well. Providing, or not, a way to measure BRX
rock within grid one,(resource, reserve) measure too
below it, beside it, in the hard rock, across the 14
sq miles mentioned in a recent President's letter....

Some have noted the IPM thread is a lovefest and where are the
contrary views etc... To demonstrate once again my flair for
the obvious, most threads are friendly to their
subject. So this thread, tho it has a few doubters, fits that
pattern. More significant to the holders and true
believers, the big differing view is now the market. At 4
a share the cap fully dil'd around 75+ mil. 80pct grid one at .28
au = 11.2 mil ozs au. That's about $6.75 an ozed, with no cred for pt, no cred for
other grids, etc. As CC has noted, IPM uses "unconventional method"
for recovery to assayable leachate. So until we get the #s from
the 1100 lb'ers and BD gets same (hopefully good) ones, I for one
am going to be a tad more "sensitive" than normal. So good luck
to us all and to IPM on finishing this progam successfully. fidget
fidget.........
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