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


To: Graystone who wrote (26231)11/14/1997 7:10:00 PM
From: Furry Otter  Read Replies (2) | Respond to of 35569
 
<< I am surprised they released the fact that the recovery process is in NO WAY commercially viable>>

Did we read the same PR? Where is that statement found? All I see is a statement that the recovery process used by Bateman (which BTW further confirms gold and platinum on the property) will most likely not be the one ultimately used.

The rest of your post is mere speculative short-selling babble along the same lines we have heard here before. You, of course, were one of the same ones telling us only a short time ago that there was NO GOLD on the property.

Let us see what the institutions do on Monday.

Regards, Otter




To: Graystone who wrote (26231)11/16/1997 4:32:00 PM
From: Graystone  Read Replies (3) | Respond to of 35569
 
A reply to Rotten Ronnie.

"The information contained herein is based on sources and data which we believe reliable, but is not guaranteed by us."

IPMCF September 29/1997
"Results from the laboratory analyses will be reported directly to Behre Dolbear and Bateman. Upon receipt of their independent reports IPM will then announce the results to shareholders."

Two reports, two sets of numbers. Go read the release, whose numbers are they ? I asked another stupid question I see.

"The company's directors have received confirmation from an Arizona Registered Laboratory..."
(shitty numbers here)
"Independent verification by the modified fire assay procedures confirms gold and silver"
"(put name here), an international engineering group with its U.S. headquarters in Denver,Colorado has confirmed, the presence of gold and platinum at Black Rock using the nominated recovery process"

Fire assay, nominated recovery process (that isn't commercially viable), whats the difference. Gold and Silver, Gold and Platinum, whats the difference. The key here is that there are two sets of numbers, we are looking at the Gold and silver numbers, where are the plats, where does it say those numbers are Bateman's, Bateman is saying we got plats, lets se em., whose numbers are they. Why don't they get a scanner at IPMCF and scan those reports onto the website, I have some buds in the mining industry that might be able to clarify things. heheheh

Ronnie says
"U.S. Institutions have agreed to fund IPM with a convertible note for a up to $10M."
IPMCF says
"with several institutional investors for up to US $10 million.The placement will be in the form of a redeemable convertible note with the conversion price based on 125% of IPM's share market price."

"The information contained herein is based on sources and data which we believe reliable, but is not guaranteed by us."

Rotten Ronnie on the Internet
"There just might be Gorillas all over this stock on Monday"
Ronnie, are you telling us that there are people who might not be what they seem.

Spin
Taken from Rotten Ronnie's words which were posted to the internet under the SI pseudonym "Ron Struthers" by Rotten Ronnie, or by other people and or posted by others, who may or may , for the purposes of the following discussion, ultimately be determined to be or not to be people.

"Any case this is what Lyco is for. They are still on the job."
"I expected grades at least twice as high." (.08???, Thats excellent, is that a misplaced decimal ?)
"The shorts have acted on ... information about 6 months old" (older than that don't you think ?)
"There was no mention of BD. ... This is no surprise to me" (Really?)
" I expect after we see more samples we will end up with an average gold grade between 0.10 and 0.15 opt" (3 to 4 times as high ?, thought you said twice Ro(tte)n)
"I expect these samples are from an area of lower grades."(You expect a lot)
"see all these assays in a 3 to 6 month time frame with a resource calculation by (put name here) to follow."
"Is it economic? (put name here) seems to think so."
"a lot of questions from shareholders and is compiling a Q&A that should be up on the web site on Sunday."

Rotten Ronnie is honest.
Don't take Visa yet
I would also like to answer some questions about whether I have sold stock. The only stock Ihave sold was an odd lot of 80 shares a couple of months ago. This odd lot was from the 10 to 1 consolidation a few years back.

The information contained herein is based on sources and data which we believe reliable, but is not guaranteed by us. This firm and/or their employees, officers or members of their families and investment portfolios managed by such organizations may have a position in the securities and/or options relating thereto and may make purchases and/or sales of these securities or options relating thereto from time to time in the open market or otherwise.

I don't get paid by any of the companies or anyone that I cover in my newsletter. Nor do I take options or stock what have you. The only fees I take are subscription fees for my newsletter and I will charge a small reprint fee if someone wants to distribute copies of my newsletter. I also take some research and consulting fees from Institutions and Fund managers.
"The information contained herein is based on sources and data which we believe reliable, but is not guaranteed by us."

Questions for IPM's Q&A:

Why did we see nothing relating to(put name here)and (put name here) in the PR?
heheheh
What are the ongoing roles of (put name here)/(put name here)/(put name here)?
Who, they is a buch of bums, we gots the goods now. heheheh
Why is there such a large discrepancy between the ore values found by fire assay by the Arizona Registered Lab versus Auric?
heheheh
What news is expected to be released in the near future?
heheheh
When will we receive information relating to values from a recovery process?
(see news release for all recovery details, as promised, highly professional, excellent standards, see news release)
Why would the purchasers of the private placement...
read convertible debenture (or note) if you prefer.

See news release for complete details of financing as always.

"a lot of questions from shareholders and is compiling a Q&A that should be up on the web site on Sunday."

Stupidest Thing Asked
can sombody tell me the defference between the conversion rate,between the head grade and the recovery process?

Maybe the most optimistic thing ever said.
This is going to be one hell of an exciting week for the longs and the shorts are about to learn what pain really is.

Things not to do unless you are a pro shorter.
Michael Grasso to Rotten Ronnie
Ron, thanks for the lead.....re:WTC......will watch closely, looks like another good short candidate

Pro shorters should announce themselves as such. If you are a pro shorter expect abuse, if you are abuseful MAKE sure that you are hitting pro PR's and not little fish, try to show some grace when you KNOW it is a little fish sentenced to death. If you see other pro shorters dressed like ducks, feel free to attack.

exchange2000.com

Karl Zetmeier and others know that I am not a dupe, I have been around awhile on SI and have no doubt I will still be here when this crapola is all over.

exchange2000.com