The Test
I have made a point of using IPMCF material, this minimizes distortion in a muddy situation. My personal bias and disbelief is hard earned. Companies like IPMCF are too brazen for anyone's mere words, you have only to take a unbiased look at what they have said to you, the owners of the shop. It is hard for me to stand by and let some of the statements go unchallenged and even in a desperate situation the company continues to play "keep it slither stupid". The effrontery shown in the latest mush shows what they expect you, the residents of cyberspace, to accept. I do not have to point out to the more astute of you how to read the "faq" recently posted.
The most important question is simple, are those Behre Dolbears gold and silver numbers or are they Batemans. We have two reports, two consultants, two different methods. I don't care if they both used the same sand and Bateman dug it up, I don't care if the lab sent them identical results, I asked a simple question, I received a slither answer.
Can you figure out the correct answers ?
A)The numbers are Behre Dolbears, who are now fired.
B)The numbers are a good way to make money
C)The numbers dont matter
D)Yadda Yadda Yadda
The next question obviously deals with an important topic, the grades. You the owners of IPMCF asked. Are these the same grades you told us all about at the AGM.
A).80 and point .04 and .25 and .00 are all economic
B)I never passed any grades. Let me find the report.
C)Great, Great you say ?
D)Yadda Yadda Yadda ( A simple yes would have sufficed here)
A major compononent of IPMCF is the Platinum value. The Delay leading up to the big release was to allow an expanded program to assess all platinum values and report fully. IPMCF required additional time. When asked directly about platinum numbers, as one you owners obviously did ; congratulations, IPMCF reponded in a straightforward and open fork.
A)Numbers what numbers, not relevant, all objective.
B)Weather is nice in the Caymans today
C)Whats wrong with this picture
D)addaY
Clarification of Behre Dolbears role is crucial to the shareholder. The lab reported identical numbers to both, but where did the numbers originate, are those Batemans "nominated recovery process" numbers or Behre Dolbears "modified fire assay". A shareholder asks, what about Behre Dolbear.
A)Nobody was in.
B)Appropriate staff couldn't be found.
C)Who.
D)Say Lycopodium three times very quickly
Recovery is the only issue at this point. Any sane human receiving a line of guff like this from one of their employees would fire him instantly. It is like trying to pin legs on a snake.
A shareholder asks how long he can expect to wait to hear some recovery methods and results, re : pilot plant, finished, process working.
A)We have a ton of shit you ain't never heard of yet.
B)Behre Dolbear is in charge of recovery.
C)We are selecting the colors for the new office carpet right now.
D)I like the red like at Bre-X, No No, that loop we saw at DELGF was much nicer, gave a much nicer impression to visitors during the AGM. We should have another party soon, get me a carton of smokes and some beer, and get lots of those little red lobster tails, I like those. Did Buddy get his new equipment yet, good, did you put a rush on the thing like he asked. Should we get a raise for doing such a good job, hey, there's Sam, hows it going you old fox, need a job ?
Is the company happy with all this, of course, everything is right on course. They are not even disappointed in the results. I think they must be missing a report a two to not be distressed. The grades reported at the AGM and this don't jive at all. You ask them about the money missing from the till.
A)We are not disappointed.
B)Let me check in my new desk here, I think I read something.
C)It's close enough for the mining division.
D)The variability of the mineral resource caused by the natural forces of nature made me do it. Where is that report, oh well, it is not too important. The important thing to remember is objectivity and substantiation. That's what we got here, we couldn't make any plans without substantiation you know. We need to know that there is "something" there, it has never been proven before, ever, we prove it every time you turn around, it is really a pleasure to substantiate our proof of the presence of proof for the substantiation for all the wonderful plans we have. See you at the next AGM. The proof is in the substantiation of the presence. We can plan for a rock solid future with many more wonderful untried proofs to substantiate the size of the resource we are about to sense the presence of. Do you know what it means, WE ARE GOING TO BE RICH. Lets go lunch, we will count the money in the till later.
There really isn't much to say about the results you have previously seen. The non degradation statements, the outrageous exaggeration, straightforward claims to make your head spin, all strictly in a conformist non promotional manner. It is pretty obvious that obvious that they have been hiding something. What is up the fire assay we have giving good numbers, the technical breakthrough you ask ?
A)Didn't we post that, let me check.
B)Ron was well aware of that, he wasn't surprised at all.
C)We won a 25,000,00 lawsuit didn't we tell yah?
D)Which carpet do you like better boss ?
So, please assure us that the institutional investors are US and not just the money. That should be fairly simple.
A)We can't get financing from Canadians.
B)Institutional implies US, we will subject that to heap leach and see
C)There is natural and inherent variability in financing.
D)You don't look a gift horse in the mouth.
So, if you scored well on this test you know that things aren't really going well at your company.
If you think it is all OK, I hope that you are just being clever and you are going to get your money out before you convince your friends and relatives to get out. If you can read there faq and not be upset then you really are unsaveable, they might as well have called it a faq u for all the respect it showed to shareholders. I have already made my predictions for this stock on Monday so I can keep my mouth shut on that regard and I wouldn't mind being wrong at all.
I think the word "faq" appropiately describes the stuff posted by IPMCF |
