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

To: Joe Hartenbower who wrote (25075)	11/9/1997 10:16:00 AM
From: Bill Jackson	Read Replies (1) \| Respond to of 35569

Joe; Thanks, It seemed that some people might have taken the word salted in vain(vein), and did not understand the measures you can take to make sure your assay lab is competent. I recall some years back when some samples were sent to an Ontario assay lab. The geologist included some positive and negative blanks, and of course when he made his press release he did not mention the positive or negative blanks, and reported a few bad holes. For some reason the stock went up. This finally triggered in investigation, as someone at the lab jumped to the conclusion that management was hiding good data(the positive blanks) to keep the stock down so management could load up. So the assayer and his friends went buying on what they thought was a sure thing. The geologist was vindicated, and I heard that the assay lab closed. This all happened many years ago, but it shows you what can happen, and why positive blanks are inserted so that assay lab workers will not run your stock illegally as well as the accuracy aspect. Another source of information is leakage from the drill crews. They know what gold/quartz looks like, and massive sulfide, and there are many ears in the bars around Timmins and other gold camps listening for good news. Bill