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

To: go4it who wrote (27950)	11/21/1997 2:08:00 PM
From: ddl	Respond to of 35569

Chuck, you have to understand where T Hoare are comming from and what their agenda is. It's hard to figure, BUT I know for a fact that when that report came out, T Hoare was reccomending a buy through it's Canadian owner Canarim, in print, in their weekly newsletter and back home were saying IPM is a "truly speculative situation" and did not place a buy reco. And for the Record... Martyn Hay said "Both companies have developed a workable but inefficient method which require significant technical improvement before extraction can be considered to be economic" Prety well the same thing Bateman said. Is it any wonder IPM did NOT want to release this report. - denis

To: go4it who wrote (27950)	11/21/1997 2:38:00 PM
From: Tim Hall	Read Replies (2) \| Respond to of 35569

Chuck with all due respect and I appreciate the let down you have experienced over the past week, I would like to point out the following. Since there is still no reliable recovery method and the fire assay is supect or needs additional work, what method did Martin Hay use to determine minerals in the tails? What recovery method was he observing at the time? How could Terry Christopher in his last post say he sampled the material and the goodies were there? If you go way back to a BD report dated October, 1994 you will find this statement. "Initial samples obtained by IPC were subjected to methods of analysis generally applied in geochemical exploraton including Atomic Absorption Spectrography (AA), Inductively-Coupled Plasma (ICP), and X-Ray Fluorescence (XRF). Resultant analyses consistently showed high gold-contents." Why haven't we seen more of this method of assaying if it worked. Please don't say it is expensive. This company spent $600,000 in 9 months on vehicles for its executives. It has literally donated money to MG Gold and Namimbian Copper, surely it could have done some more of these assays wich "consistently showed high gold-content." Best wishes for a speedy economic recovery, Tim Hall