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

To: Larry Brubaker who wrote (29756)	1/10/1998 4:29:00 PM
From: knight	Respond to of 35569

Larry, I'm still skeptical about the viability these DD's from an economic standpoint. This first 1/4'r should be the turning point for Naxos one way or the other. They've got a few developements underway which should put them in the news over the next few months. If the Ledoux 3.0 OPT stands up, they have a chance perhaps even if the recovery rate is low. These latest results from IPM won't cut it if the cost of recovery is expensive. I don't think they even have recovery method at present, but could be wrong. knight