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


To: TrueScouse who wrote (24240)11/4/1997 2:22:00 AM
From: Bob Jagow  Read Replies (1) | Respond to of 35569
 
Well, Howy, glad I outed you :0)
We don't differ much on the grade--your .20 opt total gold equivalent is only somewhat more pessimistic than the Hays .15 opt Au value I hope for.
I would be surprised, however, to see the economics of the recovery method addressed in this report--do hope that I'm wrong.

"Easily justify a share price of $15"? ...thought you mentioned $80 and I $666 <vbg>

Regards, Bob



To: TrueScouse who wrote (24240)11/4/1997 7:58:00 AM
From: Richard Mazzarella  Respond to of 35569
 
Howy, we should not lower our sights until we are told. The company has provided us with expectation of the OPT values and they haven't done anything to change that expectation. The labs have been at it for a month now. See: exchange2000.com
Would that process take more than a month if it occurs as my speculation? Probably. Does anyone absolutely know IPM's consultant's procedure? At the risk of Anne burning her computer, maybe the testing process provided as a status report could help support investors?



To: TrueScouse who wrote (24240)11/4/1997 8:46:00 AM
From: Donald Watson, Jr.  Respond to of 35569
 
Howy, nice to see you posting again, please dont let the morons of the thread keep you and other quality posters off.

Your Friend,

Don Watson. Also Lew Green for President!



To: TrueScouse who wrote (24240)11/4/1997 11:08:00 AM
From: Claude Cormier  Respond to of 35569
 
<< 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! >>

If the basin really has a billion tons or more of mineralized stuff..and if it is economical to mine...I could live with much less than .20 opt.