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Gold/Mining/Energy : GPGI USPS MERGER -- Ignore unavailable to you. Want to Upgrade?


To: scottishguard who wrote (7)10/7/2002 7:42:45 PM
From: paunch13  Read Replies (1) | Respond to of 34
 
Scottishguard,
I met some of the galleon group out in Arizona back in 97 and they are good people, i think the only problem they are working on is the scaling up, and i understand they are very close to solving that problem.
The Maxam group is still alive and well , i believe with them it is now only a matter of money.
The old IPM land group is in the same boat as MXAM, it is just a matter of money. I understand that there is about a .04 free gold in the old IPM property, the only thing that we lacked before was management and that is not the case this time.
I think the problem with most of these companies is the money. When BREX was found to be a fraud and then IPM folded , it took away all the financing for most of them. That is why i said that if gold is ever allowed to run, i believe investors will begin to re-inter the exploration companies and then we will be off the the races.
John