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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.880-0.5%Nov 18 3:59 PM EST

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To: Mike Smillie who wrote (161)3/14/1997 3:42:00 PM
From: Mike M   of 1366
 
Hi Mike,

Thanks for posting the FP article. I am pleased to see that Mr. Lebel's valuation was at about $3.40/share. I must admit though, that in my own analysis I had undervalued the contribution of the Mount Polley project. Also, I am excited about the project being ahead of schedule and under budget. All of this should hold well for an increase in share value.

Thanks again. Best Regards,

Mike
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