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


To: Don Potenza who wrote (26364)11/15/1997 4:51:00 PM
From: go4it  Read Replies (1) | Respond to of 35569
 
PLEASE READ

Don, Larry, Anne, Thanks guys. One would think that I would have learned from others here not to post while drinking.

I have only skimmed most of the posts but the report tells a story and we need to hear what the story is telling. It tells me that the people at IPM have done what they set out to do. Prove that there are measurable amounts of precious metals on the property. I believe that there is already a process for extracting the metals profitably. IPM management has learned a valuable lesson IMO. That is enough of the pomp and circumstance let's build a mine. What do you do when you want to build a mine? You go to the mine builders - Bateman. Enough of this pussy footin' around. These are the numbers that we can fire assay consistantly. Let's get a resource, get our extractability as profitable as we can and let's start building a stinking mine. Let's go to the institutional investors and show their expert analysts what we have so we can stop playing these silly games with short term stock price and let's start running a profitable business.

I have every reason in the world to believe that they have .5 oz/ton on the BRX but why continue trying to extract .5 oz/ton unprofitably when you can extract .2 profitably.

Financing will be done at a 25% premium to market value. Come on everyone think about it. Think about the tonnage we are talking about go back and recalculate because this deposit it huge in every sense of the word and most importantly the institutions have gotten exactly what they were waiting for. 100% UNCONTESTABLE PROOF.