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


To: mark silvers who wrote (31164)3/24/1998 9:08:00 AM
From: Richard Mazzarella  Read Replies (2) | Respond to of 35569
 
Mark, super comment, thanks. I have speculated many many times that IPM wouldn't go belly up due to its commitments to Phoenix (of course, they could for other reasons). Phoenix requires success with the desert dirt's to advance it's objectives for property appreciation. Cut off one's nose to spite their face? Hardly. One speculation reason for belly up is now officially removed. That certainly should help the stock value. On the other hand, the uncertainty for delisting and the change in management pressures the stock. God, I love this crap!



To: mark silvers who wrote (31164)3/24/1998 10:30:00 AM
From: Bob Jagow  Read Replies (4) | Respond to of 35569
 
Mark,
Original agreed-upon price was $25M or thereabouts. A $1M note and 3M shares from a questionable co is quite a comedown--wonder why they didn't take it back? [Perhaps they unsucessfully shopped it.]

Bob