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

To: Ron Struthers who wrote (25860)	11/13/1997 2:47:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 35569

Ron: Its got to have the shorties wondering that someone is so strongly supporting the bid. The box just keeps getting smaller around the shorties. Uh, oh, moving up again. The last hour ought to be fun!

To: Ron Struthers who wrote (25860)	11/16/1997 12:50:00 PM
From: Albert V	Read Replies (3) \| Respond to of 35569

Ron, the info posted by people today, and attributed to you, doesn't improve Ipm's outlook. First, you confirm that the samples taken were from the 1rst square KM. The grades in the 9 COC samples were WAY below what IPM's previous (nonCOC) cores were graded at, out of that same square km. If they were from outside the area maybe I could see grades being that much lower-but they weren't. Ron, you say we shouldn't use the 9 samples in the release as an indication of grade. What are we supposed to use for grade indication THEN? They were only COC! Second, in the press release Bateman confirms that the nominated recovery process will most likely not be used for commercial development of the property.....and therefore should not be used for the purpose of calculating a resource. This is Not Good News. Now Ipm has to come up with another process to determine the resource size. Wonder how long that will take? Seems like that big trailer they bought is going to be pretty useless. Third, a slew of information is supposed to be coming.( Where have we heard that before?) Fire assay results pulling the same values as already publicized, aren't going to do much in this market-Claude seems to say that lots of producing companies with proven reserves have market caps similar to Ipm's now. Don't you think Ipm is overvalued relative to the rest of the market? Chickens coming home to roost- sure- only they are vultures picking my carcass clean. Albert- Ron I a m a shareholder and wish I could force myself to believe you. P.S.-I wouldn't try looking for discrepancies caused by the Auger drill. Didn't they use an auger to pull the first cores up from 100 ft?