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


To: Joe Hartenbower who wrote (29947)1/19/1998 1:56:00 AM
From: Larry Brubaker  Read Replies (1) | Respond to of 35569
 
<<Do guys go bad because the pittly little company with not much money doesn't put out enough PR and/or doesn't get results quick enough.>>

No, guys go bad because the company lied and said they had a process that recovers 1opt, scales up, and is low cost, when in fact it was none of the above. Guys also go bad when the company invests in another unknown company in order to pay fat salaries to the management of that company (who happen to be the management of our company). Finally, guys go bad when this fact is not dislcosed until it is too late to dump their shares without being handed their hat.

<<Maybe there should be a thread for the "bad guys" where they can go and lie and bitch to each other all night.>>

This thread already exists. It is found at ipmcf.com Look under "Press Releases," and "Management Discussion." You will find all the lies you want.



To: Joe Hartenbower who wrote (29947)1/19/1998 2:34:00 AM
From: go4it  Read Replies (1) | Respond to of 35569
 
<<IMO, the way to handle that is to take your losses, learn from the experience and move on. Right now, with interest rates so low, it would take for ever to double ones money.>>

I've been down that road before and have spent too much time and DD to walk away now. Besides, I think you know me better than that. I have very strong reasons in believing the metals are there, in large quantities and can be economically extracted. I have tried to assist the company in my small ways when I could because I own part of it. At this point I am asking for them to return the favor by showing me results. Market conditions are beyond their control and I totally agree with interest rates and the rate of return but the rate of return is not a negative % either.

What I am viewing right now is poor management that needs to improve or be replaced. All the good intentions and hard work isn't going to buy us anything. In business results are the only thing that matter. If management knew what they were doing and where they were at with the extraction process then a PP should have been arranged at $10 not $1. This isn't nit picking it is smart business. I don't have the funds to be in constant contact with the company. Even Eli once told me that everyone needs a swift kick in the XXX sometimes. That is what I am doing now.