Bill, IMO, there are lies and manipulation here:
First, we settled your deceptive assay drivel quite a while ago and you had _zero_ respnce to these very _very_ valid problems with your easy solutions to all our problems:
LEW; The problems mentioned in the URL about neutron activation do not hinder the operation of the lab, they do a pre-test for elements that hinder, and remove them. Same for AA.
techstocks.com.
I'm not taking followups here. My post are on record detailing:
How you used me and a friend with some IPM dirt last march to fabricate your "shareholder rebellion" so you could insert yourself into the middle of the situation -- though you held not a share allegedly.
LEW: I was in fact contacted by two people with access to the dirt samples, and I referred them to the lab for assays, and promised to report what they found, when they found it. For some reason they were brow-beaten out of the idea(or they did it, found plus or minus and bought more/sold out). So refute that, if you can. I think you know one of them personally, ask him.
How you _told_ me that if one can get the "goods" on a scam, it's easy to make money and get "paid off"...
LEW; Another false hood. I said that if you knew of a manipulation in the market, say like BRE-X, you can short with absolute surety that you will be able to cover after the scam is exposed. In the same way there are a number of bread and butter stocks that run up and down every 12-18 months that you can safely accumulate at the low level and sell on the way up. Of course the insiders can make $ on every dip and rise, but you and I can only guess those. I never said "paid off", in the sense of blackmailing the insiders as you intimate.
But if I was absolutely sure of BRE-X, I would be a rich man, but I was not, I had a suspicion, but too little sureness to short it and lose my shirt if they found the gold.
How you lied to me, and manipulated my confidence.
LEW: False again.
How you urged me to avoid IPM, and suggested I buy your company Davison-Tisdale at 30cents after a run up from 5 cents, And Pacific Rim at $7, and gave me price predictions of $2 and $40 by last summer.
Davison-Tisdale has more suscipious "footprint" if you ask me, hype and rumors of a 20 million $ buy out for a tailings pond from a director just before the stock tanks after a 500% run... Promises of financing and a drill program "in the bank" that were mysteriously delayed, and a startling admission (months after the hype) that btw, the mine could only be profitable with $500 oz gold!
LEW: False again and again. I have never suggested you buy DDTS, as I try to err on the side of caution there. The tailings pond story is quite valid. The underground mine would be profitable at $400-$500, as it is a small vein type mine, and would take about $3 million to start up and that would only be done if there was an assurance of a price over $400(at the least) for a period of five years. There is about 500,000 tons with an average grade on 0.23 Oz/ton of gold. Our geologist feels that there is even super pit potential(not confirmed) like the Royal Oak super pit(now on hold due to low gold prices)
I can confirm that just under 2 million shares have been bought in the market at prices from 5 cents to 30 cents over the past year.(confirm by stock watch if you feel I lie) sales have kept up steadily, and it is still being accumulated, as some was bought last week.
You're post here continue to prevaricate, misinform and lack veracity:
Check out just these recent examples:
<<To: +Theo (24066 )
From: +Bill Jackson
Sunday, Nov 2 1997 5:43PM
Reply #24074 of 24158
"Theo; In defence of Charters... I do not agree when he say IPM
is a scam, a vacuum of information is not a confirmation of a scam, it is a hiatus within which no decision can be made.
The jury is still out on IPM, and it is a specualtion,
pure and simple..." >>
LEW: nothing wrong with that statement above
<<To: +Charles Bankes (24083 )
From: +Bill Jackson
Monday, Nov 3 1997 9:00AM EST
Reply #24135 of 24158
"...It (IPM) walks like a scam, talks like a scam, smells
like a scam, is it a rose by another name?...">>
LEW: IPM has that walk and that smell, what is it Lew??, a duck?
Maybe the shareholders should duck.
You cannot read, that statement ended in a question mark, is it a rose by another name?
I don't even need a lab to tell there is a condradiction here. Yet alone with your past posts condemning myself and dozens more of criminal behavior. So, when were you lying to us Bill, then or when you said you don't think it's a scam?
LEW: If I knew for sure I would give the proof, and sell short.
You have in the past repeatedly posted _statments_ to the effect of IPM of being a scam, criminal conspiracy, that over 20 posters here are in criminal collusion, that it was all going to be over after Mr. Runyon got the land payment and all us co-conspirators were leaving the country. I don't think you are capabile of having a week go by without posting: BRE-X, BRE-X, BRE-X, like a cheap politian using sound bites and populist rhetoric.
LEW: all wrong, missassembled and misinterpreted
IMO you've smeared and libeled people, and have made remarks I consider anti-semetic...
LEW: What is a semete?
You have posted and/or agreed with posts accusing/implying Behre-Dolbear is part of an IPM scam, which is absolutely astounding, ignorant and unfounded.
LEW: I agreed with some, and not with others
But worst of all you have such a bad memory!
When IPM stock is strong, and the "short attackers" on the sidelines, you dissapear. But when the stock is vulnerable, and the short attack mounts, you _always_ reappear, having _forgotten_ all the things you've said, and all the propaganda of yours that has been previously discredited.
LEW: I appear when people ask me questions.
You gave me quite a scare a while back, scared me out of IPM shares at exactly the wrong time (perfect for the shorts)but on the plus side, it caused me to interview chemists and metalurgists around the world. All your hype including nickel-sulpher-fusion is just that, as it is hard to believe a supposed chemist could be ignorant enough to _still_ not grasp the concept of refractory ore after all this time.
LEW: A difficult metallurgy is not a difficult assay. Pay $100 to assay a few ounces. But you need to obtain the PGM from the ore for less than that. So you can assay anything for metals, but you may not be able to economically extract the metals from it.
You wrote here in your current assault:
"This level of due diligence could be done for $1000, more or less"
This whole tact of yours has to be one of the most inane things I have ever read on these threads. It's been said, time and again, there is no off-the-shelf fire assay that works _consistantly_ on this type of complex/refractory ore. There are many, known interferences and limitations that apply to this type of material. Your ignorance in this whole arena is documented in your past posts, where you prevarticated and revised assays for metals, as we made you face some of the facts. You have time to make all kinds of calls and post running IPM down, but not to Call Metalurgist Martin Hay in London (a former Bateman employee btw) and find out about the mine in FIJI still producing gold after 20 years on ore they can not assay! Is this a scam. Please do some research and present evidence. If not it _is_ a precident, and it's time to aknowlege the reality of refractory/complex ore and that posessing it is a conundrum not a criminal act! IPM is a speculation at this point, and yest BD would ages ago have run NiSulpher if it was the panacea you _falsely_ suggest! They've had a fiduciary obligation to do so. So would 2700 man strong Bateman. BD does NOT stick around for 3 years on scams or stock plays, I have repeatedly challenged people to cite an example of such to no avail, and Eldon here on this thread has interviewed Mr. Guenara personally about it and got a pretty definative answer.
I have spoken to two assay labs and posed the comments you made and they both say they can assay for PGM via the nickel fusion assays. They will screen for interfering metals and remove them first by wet chemistry.
Give me a Guenara URL??
It unbelievable to me that an educated person can not at this point comprehend the liklihood is: IPM has extremely difficult to assay ore, it can NOT be consistantly done with any off-the-shelf technology, and owning this stock _IS_ a big speculation as to whether their recovery and/or assay R+D will be finally be able to "crack" this _difficult_ ore and yeild metal. Yes, there there have been annoying delays, but while "Walter" has pointed out one alliteration, the one that comes to my mind is delay and difficult.
LEW: The cost of a fire assay is only a few dollars of you do it in house, and all you need are good scales. To dissolve the bead and do an AA costs a bit more but is quite doable. NA needs more expensive test rigs, but it is also doable. So I understand the desire to do grade and process control with in house fire assays instead of $100 each time consuming NiS fusions. However to auger a few holes and do 5 NiS fusions would cost under $1000 and take 6 weeks, am I right??. IPM knows where the good stuff is, the ground is supposed to be so soft that you can auger to 200 feet or more easily.
Finally, if it is so easy to substantiate a nationally prominient 50 million+ market cap Jr with $1000, then I have to wonder why you needed to raise that half million bucks for puny Davison-Tisdale, for the mysteriously delayed drill program (waiting for the price of au to be over $500/oz??? Bet the investors love that!)when you could have spent just a grand and gotten your stock out of pennies and attacted so many new investors.
LEW: The small open pit became marginal when gold went to $325, and the gold bugs said it might go to $275. We started this project, and did a test of 1000 tons which yielded a net after all costs of $30 per ton, when gold was $360 US. The ore has a grade of 0.17 in the pit zone(200 5 foot plugger holes sampled) multiply that by .17 and you get $61.20 worth of gold in each ton. It costs $20 to mill it, and and $10 to open pit it and around 7 cents per ton mile for the 17 miles to the mill. Leaving around $30 after all costs. This proved out. However do this calculation with $275 in there, and you end up with
$46.75 worth of gold in one ton. We would end up with less than $15, and we were not sure that gold would stop at 275, what if it went to 250?. So we postponed the open pit until 1998, summer, and we will assess it then vis-a-vis the price of gold.
The more I watch your false and sly modus operandi, your MPD-like
LEW: What is MPD??
vacilations between open-minded scientist, vicious/reckless IPM attacker, hard boiled experience stock trader, naive innocent investor "worried" about Bre-X, good samaritan SI investment arbiter, PFG/DDTS stock promoter/hyper, uninterested detached 3rd party just wanting to be an angel of due dilligence for no compensation... The more I watch this act, the more your own words ring in my ears, "If it walks, talks, acts like a scam..." And I just keep wondering if your posts are the scam?
LEW: Those are the proper wary reactions to various posts that I see. The temper of the thread changes. When there is good news with a basis I become supposrtive, with delays I get aggravated and finally pessimistic. I try to answer as best I can with no agenda. I am still not,long or short on IPM, just wary.
Lew Green
RE Berine
I do not speak to him, and when Charters cited the Bernie goofus lawsuit I was the first to pounce on him to not hitch his wagon to that stone. From time to time Bernie sends me(among many) e-mails, which I have commented on and posted about, and forwarded to IPM people on occasion.
PS... I will not be sinking to Mr. Jacksons level, or helping him clutter the thread up with the chaos he, Bernie (yes, Bill, I know how much you talk to him) and Mr. Chatters are trying to create here. Also, I have a deadline on some writing work, so my limited SI time will be to get Short Rep 2 out when I can.
I take umbrage especially when you accuse me of comments that are antisemitic. I spent my childhood in a jewish household, when my father was in Burma(he was in charge of a way station on the famed Burma Road), and to this day over half of my friends are jewish. So get off that soap box, it does not fit me at all.
TO ALL: As you might know Goebbels was the hated 'master propagandist', currently called 'spin doctor', of the Nazi regime. From that day forth all who attempt to lie or put 'spin' on what they say are like Goebbels in their actions. There was a famous traitor in scandinavia, name of Quisling, and to this day the name augurs that action. What about treachery?, ever hear of the faithless Treacher?, from whence that came. And we must not forget Benedict Arnold of revolutionary fame. All these peoples names live on in infamy, far after their deaths. So we can characterise a mans actions as like one of the above, completely removed from any religious overtones.
What Lew refers to was a comment I made against his 'spin' that characterised the spin doctoring as 'Goebbels like'. He accused me of antisemitism, and that accusation confirms my call.
Lest we forget history, let us not paper it over and sanitise it, as we might not know it next time a nationalistic socialist party comes around the corner.
So I am wary of IPM, it might be good, it might not. If I was sure either way I would bet all my money, and do well. I think Charters is a bit more strident than I am, but has the same wary fear of the traps that are there.
Bill |
