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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Bob Jagow who wrote (2549)2/17/1997 4:30:00 PM
From: Chuca Marsh   of 35569
 
No Bob, not in his calculations, his (Zeev's) statement left out, as per
page 15 of IPM annual report the following on the "right" of IPM to increase % ownership by 10%-Option wording =10,000 ounces of gold (PAID to get it) and the following words INTENTIONALY left out,IMO,
"or cash equivalent. This option can be extended until Oct 1998 at a penality of 1% ( I figure $35,000) per month.
Not-NOT, who's THERE!
ChucaontopOFzeevs'reverseHYPE.
I bot IPM mid 2'sListened to Zeev sold 50% Mid 4's ; THOUGHT-Bot6
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