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


To: go4it who wrote (28474)11/26/1997 8:01:00 PM
From: knight  Read Replies (1) | Respond to of 35569
 
Chuck,

<< These mining companies are not valued for their mineralizations after the feasibility studues are in hand they are valued for the mineralization prior to the feasibility studies and then even more after the feasibility studies are completed positive and these are facts. Please explain where my glasses are rose colored. >>

One cannot keep making comparisons between the IPM deposit
( I use that term loosely ) and deposits being developed by other
jr miners. There are too many unkowns here. If IPM had a viable
extraction process both physicaly and economicaly, then you
you could crunch a few numbers and come up with some
evaluations dollar-wise. Why invest in a company that's packing
a lot of excess baggage when you have your choice of some
high potential under-valued jr's that can actually mine their deposit?
Mind you, I'm far from being a rocket scientist, so I maybe missing
something here.

knight