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

To: Roger Cordell who wrote (29699)	1/9/1998 4:48:00 AM
From: TheBusDriver	Respond to of 35569

thanks for posting the info on CL working at IPM Roger. I can verify this also. Came up in a conversation between the infamous CL and myself a long time ago when I first invested in IPM. Too bad people spend so much time trying to do so much harm.... wayne

To: Roger Cordell who wrote (29699)	1/9/1998 7:56:00 AM
From: Bill Jackson	Read Replies (1) \| Respond to of 35569

Roger; I am still a skeptic about the work. ?

To: Roger Cordell who wrote (29699)	1/9/1998 8:02:00 AM
From: Wildcat	Respond to of 35569

Roger, It seems like Billy is bored again and is back to his muck-raking fabrications. His promoting of PFG last year makes CL seem to be impartial to IPM in comparison. From the PFG thread: To: E. Charters (4053 ) From: Bill Jackson Thursday, May 8 1997 9:59PM EST Reply # of 8390 So you took 10,000 lemmings off the cliff with BRE-X did you, and now you cannot get back on your horse, nerve all gone?? Well if I wanted a bond at 5% guaranteed, I would buy one. I want to risk my money, not on such a dumb shot as BRE-X, where for some reason I was quite correct in all my calls, as a few exbrexians can agrre, as they are now in PFG and other good stocks. I am getting some maps and all the drill holes and grades, and by next week I will have sections done to indicate the general resource calculation. I will make assumptions of continuity of deposit where warranted. Where they have infilled I will have more confidence, where I am extending the deposit, I will do with caution. When I did this with the Zweinshreib(is that the name) I got more than he did, so I did not take as many cautions as he did. You seem to take every cautionary assumption in the book, except for your own private patch of moose pasture. If it has a four million ounces, why do you not get at it?? Want to keep it all for yourself??. Cannot get Barrick to JV with you can you?? Why not?? I see a jealous and hurting(BRE-X, and all the 10,000 lemmings now at sea courtesy of your brilliant newsletter) You ask hard questions? You would miss the gold in Fort Knox, uneconomic you would say, most holes missed, and where they hit I averaged down. TO ALL: Charters is overly cautious, any deposit can be killed by taking too many cautionary measures, you cut by 20% here, 15% there, 25% over there, and assume that is not continuous. Pretty soon any mine is dead. I wonder he ever gets out of bed, the sky just might fall, better be safe. To be sure you can overstate too, but we are not doing that, we are the acme of caution, and Charters is wrong, very wrong. So much so that I despair of him surviving in the newsletter business, as all his subscribers would miss PFG for example. Bill

To: Roger Cordell who wrote (29699)	1/9/1998 8:13:00 AM
From: Wildcat	Respond to of 35569

Here is another gem from the PFG thread: To: Jeff Haworth (3579 ) From: Bill Jackson Thursday, May 1 1997 12:18AM EST Reply # of 8390 Jeff; If we look at the 15 holes Shirley has noted as 0.11 and 54 meters, applying thehrule that this deposit has usually shown a width twice as great as its depth. We then calculate them as 54 meters thich and 104 meters wide. Some will exced this, and some not, so avaerage then and make them flat square pancakes, 54M x 108 x 108 Meters. This is 630,000 cubic meters. times 2.5 tons per cubic meter is 1,575,000 tons per hole. times 15 holes =23,620,000 tons, times 0.11 = 2.6 million ounces. Added to the 4.2 added earlier we have 6.8 million ounces.And this is conservative. With no mention of the other holes. So the estimate of 8-10 that was rumored is in line, and I think the market will become aware as this shortly. Accyrate mapsof the hole locations would allow us to compute the reserves ourselves. Does B hide this data? If the holes are far apart, say 200M the abouve could be increased greatly. I wonder if CMS can give us the hole grid with numbers?? Bill.