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


To: E. Charters who wrote (26483)11/15/1997 5:54:00 PM
From: Bob Jagow  Read Replies (1) | Respond to of 35569
 
EC,
EMR Microwave's pilot-plant test of an AZ mine may have started by now. Separately, Johnson-Lett indeed claims that pretreatment is the key for Naxos dirt.

Times they are a changin'



To: E. Charters who wrote (26483)11/15/1997 8:41:00 PM
From: Theo  Read Replies (2) | Respond to of 35569
 
ECHARTERS, In my experience in investing, there is usually a formula for estimating the share price by multiplying the ounces by $50 US and dividing by the total amount of shares. Did you ever hear of such a thing? Now that it's proven that IPM managements claims of gold, exist. Dont you think that an astimation of HOW MUCH really exists is in the cards? Just the simple sands of the desert hold 1 point 6 million ounces of gold if we do the first grid to 100 feet. Thats at assay numbers. Fire assay! The kind that the Northern miner, TSE and you claim impossible. How humiliating for youse.
Back to the math. IF there were really more grids and IF there really were more depth, what value should the shares have in this kinda market? 300 million tons, grading one gram per ton comes up to 7 dollars a share US, and thats just gold, and thats at $15 US per ounce. Gotta an intelligent opinion, or do we hafta trash ya?
Theo