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


To: Bob Markley who wrote (26180)11/14/1997 5:42:00 PM
From: Bob Markley  Read Replies (1) | Respond to of 35569
 
<< A heap leach mine needs only .O2 opt to be economical. Bema in chile has 22 million oz of .20 material in Chile. >>

Oops, ... that should read 22 Million oz of .O2 material



To: Bob Markley who wrote (26180)11/14/1997 5:46:00 PM
From: Donald Watson, Jr.  Read Replies (1) | Respond to of 35569
 
Also take note this is by the" New Adjusted fire Assay" This was to get everyone off there ass so they can prove there not a scam. Dont forget we have are leaching process to get the big Numbers. Remember The last time we had fire assay said "No Gold".

Now lets extract with our other method.

Rambling Don



To: Bob Markley who wrote (26180)11/14/1997 6:28:00 PM
From: Lew Green  Read Replies (2) | Respond to of 35569
 
Bob, your post is so damn rational it is painful.

I think I have misjudged your past posts and if so apologize. I was going to skip answering the poor guy who posted about licking his wounds -- and IPM being a shell in days... but you inspired me. I was going to say to him that while the short may may some money on Monday, actually, IPM is looking more and more like a mine not a shell. Not sexy, not flashing neon, not internet hypey of "the greatest this, and highest that, zillion$-a-share overnight" but a boring old mine with grades typical of Nevada material -- that if it is to work will be processed cheap by some variation of heap or CIP.

I've been told by a metalurgist I trust, once you can consistantly fire assay metal -- it can be extracted. IPMs fire assay is new, has only finally after 4 years come into being after Bateman came on the scene, and I do expect it to improve. IF (big caveat emptor IF) IPM does become a mine, I bet just like Barrick on the Carlin Trend, recoveries will exceed fire assays.

As a cautionary note, I think it is too hypey when you write about .036 x grids and call it a resource -- we are not there yet -- long way to go -- but it does seem from the PR that if we assay enough Bateman is disposed to declaring it a resource. I rather you describe this as have the potential of x resource at these grades. But, yes, through my frustration with this PR, I do see the obvious potential you point to.

Lew Green