International Precious Metals (IPMCF) Message Board

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

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To: Larry Brubaker who wrote (34705)	2/27/1999 7:36:00 PM
From: d:oug	of 35569

Larry, soon you may finally be able to gloat on this ipmcf thread, but as that saying "will the last person to leave please turn out the lights" becomes applicable for ipmcf shareholders, then you and all the rest of the LOL's at IPM can keep the lights on and rename this the LOL Thread. But don't expect an audience, I predict that not only will current ipmcf shareholder that pledged their shares never post here again, but they will never read this thread again. I don't know why Maxam (Runyon) decided to abandon the shareholders here, knowing that no Plan B was available for ipmcf shareholders. Maybe he felt obligated to lessen the short term lost to Maxam shareholders thru dilution, and let current ipmcf shareholders loose all. <<In any event, a little speculation, if IPM completely belly ups, BRX is returned to Phoenix. IMO we could even see BRX eventually a Maxam property at almost no cost to Maxam shareholders.>> If this happens, then I would like to know if Runyon saw this as a possibility before he agreed to a IPM/Maxam merger. Since one way to get a IPM belly up guaranteed is for yourself to make it happen. ...I would like to know... late in the game now those owed money in bankruptcy court want money NOW the judge has to follow a certain course of action Doug

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