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Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP) -- Ignore unavailable to you. Want to Upgrade?

To: John D. McClure who wrote (2318)	11/14/1997 8:05:00 PM
From: Richard Mazzarella	Respond to of 3594

John, <<Tell me straight!>> I am extremely disappointed in the IPM results after all the company hype of >0.25 OPT. IMO their dirt is no better than Maxam's with IPM having one hell of a larger capitalization. How can IPM now raise the money to pay Phoenix. Can you imagine the dilution? I think that the desert sands (IPM, MXAM, GPGI, etc.) will get whacked next week. I don't know what to think about the MGAU news, it was confusing, time will tell. The playa's (Naxos, CHIP) may escape the pain. If CHIP has COC, now is the time to present it IMO. Not a happy time for the dirt's. The IPM thread is an emotional mess now. We may hear more reasoned voices next week. These are speculative stocks and we must expect that we can lose all our money.