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

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To: Texas77 who wrote (3584)3/7/1997 1:44:00 PM
From: AurumRabosa   of 35569
 
Dave, your credibility is ZERO!!! You don't know CL and you have no idea what he's doing. I do know him thanks to the BRX Field Trip and have stayed in touch. As he posted here he's driving across California to visit LS Capital in Tecopa and deliver some supplies for them. He's not selling.

I bought a few more shares today and I'm trying to stir up some cash.

Andrew, thanks for the compliment, I was glad to help and welcome to the thread. I also wish I'd bought more sooner, shoulda, coulda, woulda.

The value of IPMCF is real simple right now. If you assume 25 million shares out and you give them 0.25 opt gold in the first square km to a depth of only 30 m and value the gold in the ground at us$50/oz then I get a share price of us$25. Bedrock is more like 130 meters down and there's a lot more ground to cover and there's Pd and Pt. Don't let the new momentum players and MMs shake you out.
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