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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Bruce McGaughey who wrote (3691)3/8/1997 3:20:00 PM
From: Larry Brubaker   of 35569
 
Bruce: I'm not trying to start an argument between Maxam and IPMCF, because I own both, and I truly believe that what is good for one is good for the other. But there is no reason to be bitter about Maxam's success. The recent deal between IPM and Phoenix is a winner for both. Maxam has also spent alot of time figuring out where the valuable dirt is. Maxam also has very credible experts working on recovery. Granted, they have not gone through the disciplined process that IPMCF has to prove large-scale recovery. Their expertise seems to have been finding the best dirt, and laying claim to it. They have put alot of effort into doing this. They also have spent alot of time and effort on drilling and assaying value, but maybe not as deliberately as IPM.

Both are going to do well, and shareholders of both will be very happy.
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