International Precious Metals (IPMCF) Message Board

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

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To: ddl who wrote (3823)	3/10/1997 12:06:00 PM
From: O. H. Rundell	of 35569

Denis, It's not a matter of being "foolish"; IPM's mgt. is certainly anything but that as they have repeatedly demonstrated. Seems to me that it is a matter of who holds the leases. If Runyon has the leases, then you deal with him or you don't deal. If Maxam has the same dirt as IPM, I think something could be worked out to IPM's advantage regarding the extraction process. Maybe IPM will do it for Maxam -- for a price, of course. In my simple-minded view of the world, success by Maxam takes nothing away from IPM; but on the contrary, can work to everyone's advantage. There's plenty to go around, and I think you and I will be very happy to have invested in IPM. I'm already happy...nearly giddy! IPM seems to have held at 10 and is moving up, we should be celebrating. O. H.

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