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


To: go4it who wrote (28496)11/26/1997 11:52:00 AM
From: Furry Otter  Read Replies (2) | Respond to of 35569
 
Some nice buying coming in now...don't let your breath out yet, but I am starting to feel one iota better

Regards, Otter



To: go4it who wrote (28496)11/26/1997 12:59:00 PM
From: ddl  Read Replies (2) | Respond to of 35569
 
Charles...after black Fridays announcement of .04 OPT, do you really beleive IPM will announce better than that without a whole new process / fire assay proceedure? Do you really beleive the FAQ where IPM says they got .04 OPT because the samples came from low grade areas? They say .04 OPT is verified and supported by the 2,100 leach assay results of 1996. How can the Co. knowing those results never varied by more than 10-15% now say there are low grade spots which now they imply appear to vary by .037/.35 = 1,000 percent?
I'd be very surprised if IPM were to announce anything better than black Friday with anything they currently have in hand or currently could produce with the knowledge they have in hand, and if they did, they would probably be open to a huge lawsuite for misrepresentation.
IPM has a few orders of bussiness to take of right now.
1) arrange financing or dissapear.
2) Remove Lee Furlong and rebuilt investor confidence
3) Explain what hell happened, in lawman's terms and where and what they are going to do.