International Precious Metals (IPMCF) Message Board

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

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To: Joe Champion who wrote (3860)	3/11/1997 1:28:00 AM
From: brent hyatt	of 35569

Joe, You E-mailed me and said you don't have a problem with the existence of material with a Au concentration of .25 oz/ton as reported by IPMC. You also stated that it would 'only' have a wholesale value of 60 dollars per ton. Even if we use your figures, in the first grid of IPMC's project, there are 50 million tons of material at a depth of only 30 feet. I think that 3 billion dollars is a sufficient figure to arouse most investors, considering the stock has a market cap of roughly 200 million. From my understanding, IPMC isn't claiming any hocus pocus alchemy, basically just a superior leaching and handling system.

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