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


To: Anne Lamb who wrote (24306)11/4/1997 2:19:00 PM
From: Claude Cormier  Respond to of 35569
 
<< I think you are way off base..just having proof will boost this
price...but words at this point are very empty..time will tell. >>

Anne, I certainly hope that you are right. I just gave an opinion which is based on my observations of how other mining companies which have deposits that are not yet in production and at various stages of the exploration cycle..are valued.

The market is not giving the same $$ per ounce in the ground as it
was last year. Non producing deposits are currently valued at deep deep discount. Why would it be different with IPM.. Once the market improves and IPM completes its feasibility study...things will change.

CC



To: Anne Lamb who wrote (24306)11/4/1997 2:40:00 PM
From: Gerald Walls  Read Replies (1) | Respond to of 35569
 
I think you are way off base..just having proof will boost this price...

I think that you're probably right. The fact that additional resources outside the first 100 feet of the first grid are a given would increase the price once this is proven not a scam. Claude's projection, IMHO, are probably based on this being the total resources. Then again, never base all your plans and calculations on the best case scenario.