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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: mjglass who wrote (24155)	11/3/1997 3:00:00 PM
From: Anne Lamb	Respond to of 35569

EXCELLENT!! all should call this and listen to what THiessen<sp> has to say..THE best thing he says is that the speculative small cap stocks they hold have been RIGOROUSLY researched!! Worth everyone's time to hear.. thanks MJ Anne

To: mjglass who wrote (24155)	11/3/1997 3:58:00 PM
From: Bill Jackson	Respond to of 35569

mjg; I have long since learned that the DD of many spec funds is far from rigorous, and depends on some research and then an odds playing exercise, where they will put 1/2% in this and 1/2% in that and so on over a group of high risk plays. I think if you look at the Midas fund you will find this pattern. I would like to see some amplification of their BRE-X cautions, Barricks precaution was the reserved right to drill some holes and do their own assays. An estimated cost of around $50,000 with use of drills already on site. When BRE-X refused this Barrick walked. For 200,000 shares worth, say $6 =$1.2 million a $50,000 due diligence is defensable. Did they do that??, or read some papers and go on trust?? The only valid DD here is a watched drill hole, samples of core/grit watched, and sampled and split and sent for assays at two labs capable of the nickel sulfur fusion test. The old reports from museums are also useless, as they are stuck in the mud of old tech, and so I am just really a hopeful skeptic suggesting ways for IPM to cut to the chase. But they do not. why?? Bill

To: mjglass who wrote (24155)	11/7/1997 12:12:00 AM
From: mjglass	Read Replies (1) \| Respond to of 35569

To All; Don't let these quality posts fade into obscurity, some only check in late and see only the last 50 or so. <g>. THE NEW MINING INDUSTRY Having now followed this play for sometime i can now say with confidence that this industry is real and is coming. I don't post to these boards anymore because there are too many experts out there saying that this is a scam and the such. As those naysayers posted i spent time in the desert investigating these companies. In a recent 3 week exhaustive trip, i visited 8 different public companies, 5 private companies, 4 or 5 different 'desert consultants', numerous analytical labs, believers and disbelievers of the industry, in four different states. We are, in my opinion, on the verge of witnessing the emergence of a new industry. As with any other new indusrty there will be problems to overcome, but that's only a matter of time. For the 'experts': get off your ass and head to the desert, do you own investigative research. You post as if you know all about the these desert properties - you know nothing. And in my last post i would like to say that after all my research - I'm a believer. Regards and goodbye TC Thanks Terry mjglasslong11centTIPNF