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

To: Tim McCormick who wrote (27306)	11/17/1997 11:39:00 PM
From: Anne Lamb	Respond to of 35569

thanks Tim..of course they couldnt go thru the article without mention of Bre-X and would never say that it was chain of custody.. oh well

To: Tim McCormick who wrote (27306)	11/17/1997 11:53:00 PM
From: Raymond	Read Replies (1) \| Respond to of 35569

As I have said before, IPM management may have the best of intentions, but they may not (probably do not) have the technology to recover the gold at a profit.

To: Tim McCormick who wrote (27306)	11/18/1997 12:15:00 AM
From: GlobalMarine	Respond to of 35569

Tim: Years ago, IPM was going to use Dick Hewlett for consulting work, but because there was a conflict of interest from Phoenix Int'l Mining (who sold Black Rock to IPM) also using Hewlett, IPM decided to go with BD instead. Well, here we are in late 1997, and Maxam is getting set to go into production with Hewlett's recovery method and IPM has struck out and must take another turn at bat with Bateman. It's an unfortunate roll of the dice for IPM, but life's never easy. Rand