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


To: mark silvers who wrote (31758)4/24/1998 12:41:00 PM
From: Bruce McGaughey  Read Replies (1) | Respond to of 35569
 
The big question in my mind (and I'm sure it's in everyone else's,
too) is this: We know the metals are there, and given that Bateman
will come up with an economic recovery process, will IPM survive,
as a company, in order to be able to mine it ? Or will this all
just end up in Federal Bankruptcy Court ??
Does anyone have a feeling about whether or not IPM is a leaking
boat, waiting to go down ?? Do they have any cash left ??
Will they get more financing soon ?
And, what about Bateman ?? Have they "cracked the code" yet ??
Are they even working on it anymore ??

Sure wish I knew what happened a year ago.
Did Furlong lie to us or did the consultants lie to Furlong ??

We may never hear what really happened due to the impending
AZDOM case. Anyone know what's going on there ??



To: mark silvers who wrote (31758)4/24/1998 1:21:00 PM
From: BillyZoom  Read Replies (1) | Respond to of 35569
 
Mark

I have a small position in NAXOF but haven't been following closely due to Walter, his aliases and cronies cluttering up the thread. This is an interesting approach to resource development if Naxos has in fact paid staff salaries and contracters in full in advance of the work. So, if you don't mind getting myself and other DD followers here up to speed, how much was the cash up front bill, what is the time line for completion and what is the size and depth of the grid.

TIA

Rob