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

To: Gerald Walls who wrote (29983)	1/19/1998 4:39:00 PM
From: O. H. Rundell	Read Replies (2) \| Respond to of 35569

This is One Million Dollars that they don't have to develop an economic process to extract these metals. Gerald, How much were they able to raise in their last pp? I think that's the magnitude of number we should be comparing with the $1 million frittered away. O. H.

To: Gerald Walls who wrote (29983)	1/19/1998 5:33:00 PM
From: Joe Hartenbower	Respond to of 35569

Gerald.. >>Are you trying to tell me << Sure am! When that stuff was going down, the co. cap. was somewhere between $150mm and $250mm. BTW, lets assume that $1mm investment in N. might make enough to capitalize IPM, or facilitate somebody investing $100mm, or....... Gerald, neither you or I know the answer. But the company is in business (a lot of Juniors are in sleep mode) business and Doyle can get more money. "Yes Gerald, I am trying to tell you." Joe PS... I don't think ELD would have done that. Check them out. The were at $8 a little while ago and they are producing. It's ugly out there! Be thankful we have a Doyle, Le and CL <g> (couldn't resist that).