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


To: Brander who wrote (29038)12/6/1997 4:35:00 PM
From: Zeev Hed  Respond to of 35569
 
Brad, that is the way I see it. We are no longer waiting for BD or Bateman, I do not see a "great" exciting piece of news, but on the other hand, with a burn rate in the $3 to $6 MM and not much left in the till, we will see additional dilution. I have no idea how the friendly arrangments with Phoenix will end up, but if the agreement is not modified, Phoenix might end up with a big chunk of the IPMCF equity.

Zeev