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


To: O. H. Rundell who wrote (27941)11/21/1997 1:10:00 PM
From: Laser  Respond to of 35569
 
O.H. & Kim,

Just out from lurker mode for a brief moment to thank you two for
bringing up some good points that need addressing. I'm a past
c-serve member ( S-10) and remember quite clearly when CL
first made the spam posts on IPM. Over the past year or so
I've lurked on this thread ( and on S-10 until I cancelled ) and
was completely turned off this stock stictly because of the
vicious attacks on any negative posters by a core group of
cheerleaders. I guess this saved me some money in the long
run though. I also posted on the internet news groups in the
past and was quite surprised to get an unsolicited e-mail from
CL pumping the merits of IPM. It was a report put out by Ron
Struthers. I don't know if this kind of activity was sanctioned
by IPM, hopefully not, but to me it smacks of boiler-room
tactics. Just to cut this short, the real hard hitting questions
are now surfacing and may be answered without fear of personal
attacks. Just my .02 cents worth. Best of luck to all.

Leonard



To: O. H. Rundell who wrote (27941)11/21/1997 1:38:00 PM
From: Rich Bailey  Read Replies (3) | Respond to of 35569
 
Le Furlong:11/19/97 "With the information in hand, management
now proceed to now test more than 30 recovery methods
immediatally available to determine which one might work
best."

Can anyone explain this statement?



To: O. H. Rundell who wrote (27941)11/21/1997 1:38:00 PM
From: go4it  Read Replies (2) | Respond to of 35569
 
OH,

I had really hoped to stay off the thread. I really did however, I do feel that the questions that you brought up should be addressed. In regards to whether or not the company has the metals in the ground to where they can get 0.8 oz/ton out of the ground. Yes, I say they do without a doubt in my mind. I base this on the THoare report by Martin Hay. THoare hired this analyst and one of his first duties was a due diligence on IPM. In that report he stated that they have just as many minerals in the tailings as they were able to extract. But what are the numbers then ? Common sense dictates that if the numbers were 0.04 with 0.04 in the tailing that THoare would have been out of this stock in a heart beat but their not. No we don't have third party confirmation on those numbers but there is no doubt that they are there because we have enough circumstancial evidence to know what is there. If there is fault in my analysis then I have yet to see it.

Chuck



To: O. H. Rundell who wrote (27941)11/21/1997 5:34:00 PM
From: Josephus  Read Replies (4) | Respond to of 35569
 
Hello O.H.!

[Did the bulk test suddenly stop working? Wouldn't that have been negative information that would have to have been released to the public?]

I'm still confused as to why IPM released these low assay numbers. It's like they "wanted" the price to drop. If they could have controlled the release of negative news about bulk tests, etc (perhaps through some means of plausable deniability or something similiar), why then this release? It's too stupid to be stupid.

If we should next see a release that says, "Even though the modified standard fire assays indicate low grades, our actual recovery is just what we said it was", would the market believe it? I submit that there's a good chance the market would believe it, considering the fact that most of the market is not following this story.

On the other hand, we who have followed the story now know that purposeful manipulation is coming from within the company as it is outside. Is there any other explaination?

What's most unfortunate, is allowing myself to be misled - now that's stupid.

Regards,
StupidJody _/)_