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

To: Eva who wrote (26198)	11/14/1997 11:05:00 PM
From: Bob Markley	Read Replies (1) \| Respond to of 35569

Eva, Ya Bema,... have not followed too closely since I sold all @ 9.60. The price today of $3.04 is based upon about (by memory 130 million shs). Ignoring Refugio mine, ... that's say a factor of 3-4 time IPM number of shares or $9-$12 share price. Remenber, they don't have any potential of higher recovery numbers (IPM could be a factor of 1:6x Fire Assay to Recovery). BGO also does not have any PT. What will happen??, ... who knows, alot is going to depend upon how the press & Institutions preceive this thing. best, Bob