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


To: Bob Jagow who wrote (24223)11/4/1997 12:45:00 AM
From: TrueScouse  Read Replies (4) | Respond to of 35569
 
Hi Bob:

My first post in a long time after all the garbage on this thread.... There's nothing wrong with "expectations reduction" IMO. If we get a BD or Bateman report verifying, say, a total of "only" 0.20 opt of PM's under COC _and_ an economical recovery method, that would imply 10 million oz of PM's on the first sq.km. to only 100 ft. depth. I could live with that!

10 million oz of gold equivalent would be an enormous mine, and that's just for starters. It would easily justify a share price of $15, IMHO. Let's learn to walk before we can run. My risk-reward scenario for IPM hasn't changed a bit over the last couple of years..... risk = 100%, possible reward = enormous.

Still waiting patiently,
Howy