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

To: Char who wrote (31835)	4/26/1998 3:48:00 PM
From: Bruce McGaughey	Respond to of 35569

With Mr.Runyon and MXAM having enough trust in the Hewlett/MXAM extraction process to announce opening a separate processing facility for hire, I really have to wonder why IPM doesn't just jump onto it's neighbor's wagon and have MXAM recover the metals for it. So far, IPM has announced and given up on the processes by Mr.Mentzer,Friendship,etc. When and if MXAM gets production going, why not just hire them to recover the stuff ?? I realize that they tried the Hewlett system on the BRX material before but something in me tells me that they wanted to develop their own process so that IPM could keep more of the cut. If Bateman comes up with something, they'll have to split with them......so where's the difference ??? About a couple of years and 630 million in market cap ??? Hrumph !!!

To: Char who wrote (31835)	4/26/1998 5:11:00 PM
From: Mr Metals	Respond to of 35569

washingtonpost.com Also check this out. ) No prices in the Pink Sheets or on the OTC Bulletin Board The National Quotation Bureau has been informed by some of our largest market makers that they will not publish prices in the Pink Sheets or on the OTC Bulletin Board if the rule proposal is passed. ATTENTION OTC BULLETIN BOARD INVESTORS/TRADERS: The SEC is currently considering a proposal which could have a big impact on the OTC Bulletin Board and the NQB Pink Sheets. Many portions of the proposal sound good, but there are also some major drawbacks to it which have caused many people to come out against it. The following is a portion of the proposal which is available at: sec.gov --------------------- The proposed amendments to Rule 15c2-11 would place greater information review and recording requirements, and thus greater accountability, on broker-dealers publishing quotations for securities in a quotation medium other than a national securities exchange or Nasdaq ("covered OTC securities"). These proposed amendments also would provide greater investor access to information about these securities. In particular, the proposed amendments would: * eliminate the Rule's "piggyback" provision, which currently permits broker-dealers (other than the initial broker-dealer) to quote the security without having current issuer information; * require broker-dealers that publish priced quotations for a security to obtain and review updated information about the issuer at least annually; * expand the information required about issuers that do not file periodic reports with the Commission; * require documentation of the broker-dealer's compliance with Rule 15c2-11; and * enhance investor access to the information required by Rule 15c2-11. --------------------- Cromwell Coulson, the Chairman of the National Quotation Bureau (publisher of the Pink Sheets) is one of the people who is against this proposal. His comments can be found at: smallcapinvestor.com The SEC is accepting comments on the proposal. Instructions are provided in both of the links above. Unfortunately, comments must be received on or before Monday April 27, 1998, so that doesn't give you much time. Mr Metals