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


To: Claude Cormier who wrote (26336)11/14/1997 11:23:00 PM
From: Eric Tai  Respond to of 35569
 
CC,
Nice to see someone feeding deers, instead of shooting them. :)
Are you feeding moose, caribous or deers?



To: Claude Cormier who wrote (26336)11/14/1997 11:55:00 PM
From: Joe Hartenbower  Read Replies (1) | Respond to of 35569
 
Claude... I am a concerned with the validity of the IPM evaluation questions being asked and the potential ethics of your responses.

All IPM has announced reletive to value estimates is two things... based on a very limited amount of samples, they proved that they can assay their dirt for gold and silver! Second, it can be accepted at face value (Bateman's reputation) that they do have Platnum. They have not, to the best of my knowledge, posted additional information (since July) reletive to what they can or cannot recover. They are not estimating resources. They have said that they can move forward. How in the world can anyone expect someone to estimated the value of the company and how can you ethically respond without alerting everyone to the falicy of their question?

I am still extremely excited because of Bateman's on-the-record Platnum statement. I think I would rather be in the Platnum business then gold. I also think it's extremely important that investors read the news release (including the one on CSW) very carefully. For instance, "At this statge a platinum assay procedure has not yet been confirmed" by the registered lab". Confirmed is an interesting word. The presupisition of "confirmed" is that it is there and working (Bateman said it's there) but the confirmation report has not yet been received. IMHO, no one can provide a dollar evaluaton based on potential minerals, only opportunity and they look like they have significantly moved ahead in that area.

Joe