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


To: go4it who wrote (29114)12/9/1997 3:43:00 AM
From: Bill Jackson  Read Replies (1) | Respond to of 35569
 
Charles; Remember with BRE-X it went from a higher values in the $30's then the $20's and the teens and was at $15 when the bad news hit. It then fell to the $3-4 area until scam confirmation arrived. That wait for absolute proof of scam/noscam allowed it to rest in the
3-4 area. When proof arrived it went to under 10 cents.
IPM is in that in between area. If scam proof arrives it will head down pronto.
No-one is asking for proof as most are afraid of the worst outcomes.
Soon a regulatpry body will intervene and they company will be forced to provide acceptable proof. At that point a DD company will drill and assay and the chips will fall where they may. The company might ask them to use a foolproof nickel sulfur fusion assay to avoid the whining about fire assays(no magic in FA, just cheap if they work for you, but there are more expensive 100% methods like nickel sulfur fusion assays).
The company has ducked and weaved and avoided all these things, trying to cloud the area in a retreat to high tech BS, claiming they are trying to find an assay means and economical extraction means. At the same time they have been a real boon the the BMW and mercedes dealers in the area.
I would think that someone would at last shoot this beast and get some Nickel sulfur fusions done on samples that have been kept from visits. Forget those bleats about problems with assorted assays from LG, they are true problems, but they are bypassed by preparation methods designed to combat such problems.

Bill