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

To: go4it who wrote (28764)	12/1/1997 9:41:00 AM
From: O. H. Rundell	Read Replies (1) \| Respond to of 35569

The thing that I don't understand is we are seeing these exact same numbers or better from GPGI, Mxam and Naxof but you don't believe that IPM doesn't have it without 3rd party verification? I don't understand that. Chuck, I wouldn't bet the ranch on any of the dds. What makes IPM different IMO is that their claims don't match what has been verified. Neither GPGI, nor MXAM, nor CHIP have that problem (since they have no verification ) -- well, I am not certain that is precisely true with regard to MXAM. Naxos seems to me to be a bit of a different story as they are beginning to get verification. Still, I wouldn't want to take a large position in Naxos without, at least, verification of the second recovery stage. Chuck, I've changed my approach to the dds since before the AGM (thanks to Forbes and Rod and some research by myself and others), and have come around to Claude's way of thinking. I follow the stocks closely and am prepared to invest heavily upon verification. For me the reduction in risk is worth the reduction in reward. I know this may seem "short sighted" to you; but it better fits my situation and personality. O. H.

To: go4it who wrote (28764)	12/1/1997 10:32:00 AM
From: Larry Brubaker	Read Replies (1) \| Respond to of 35569

"The thing that I don't understand is we are seeing these exact same numbers or better from GPGI, Mxam and Naxof but you don't believe that IPM doesn't have it without 3rd party verification? I don't understand that." Charles: IPM had a much larger market cap than GPGI and MXAM because of the expectation THEY created that they had and could recover bigger numbers, and were soon going to prove it. When they didn't prove it, IPM's market cap went down to be more comparable to MXAM and GPGI. Not sure what the story is with NAXOF, but I would guess they will run into a similar debacle as IPM if they don't supply 3rd party verification of their claims.