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

To: go4it who wrote (32060)	5/8/1998 11:01:00 PM
From: Mr Metals	Read Replies (1) \| Respond to of 35569

Why didn't you acknowledge my call on the reversal of that stock he was pushing and keeping people from losing money there ? U will eat those words one day and It could be sooner then U think:-) This is an old NR but I have a strong feeling some people like the story in a big way:-) See ya, EAGLECREST EXPLORATIONS LTD. MAKES SIGNIFICANT GOLD DISCOVERY IN SOUTH AMERICA. - POSSIBLY THE LARGEST GOLD FIND IN SOUTH AMERICA? On January 16th the Bolivian Ministry of Mines and it's regional division have officially acknowledged the Company's San Simon gold project, located in northeastern Bolivia, (along with Battle Mountain, Comsur, Vista Gold and Gencore) as one of the most SIGNIFICANT discoveries in this South American country. Eaglecrest Explorations Ltd. has successfully advanced it's 100% optioned, 52,000 Acre, San Simon gold discovery, located in N.E. Bolivia. Eaglecrest is a gold exploration company, with solid business and engineering management, active in the San Simon since 1994. Currently, Eaglecrest is actively exploring and testing potential gold bearing targets. This is the fourth phase of advanced exploration involving geophysical surveys, surface trenching, bulk sampling and diamond drilling. This program continues to reveal consistently elevated gold values on two of fifteen identified exploration targets. One target, known as the Paititi Structure, has shown drilling results to date on the Paititi Pit area on the eastern side of the Paititi structure returning gold grades ranging from 0.45 g/t to 4.4 g/t, over economical intersections of up to 102 ft., in quartz stockworks and brecciated zones. Diamond drilling has explored a footprint of 200 X 300 meters of the total strike length of 7,000 meters, with a width of 300 meters. The Paititi structure represents an enriched supergene zone overlying a large mesothermal shear-related structure. The Paititi structure is open to depth and along strike. At second target, known as the Trinidad concession, a quartz stockwork vein system 8Km west of the Paititi Pit, geophysical testing drilling has traced the system along 400 meters of the total strike length of 5000 meters. This zone remains open to length and to depth. 25 drill holes have been completed to date indicating 2 mineralized zones close to surface with assays ranging from 0.459 g/t to 17.32 g/t over economical intersections of up to 110 feet. Previous surface sampling have returned values of 27.0g/t. Some Significant results from the Trinidad Zone Diamond Drilling Program: Hole No. From (ft) To (ft) Width (ft) Gold oz/t Gold grams/t 96TRD-001 87.6 198.5 110.9 0.113 3.87 Including 118.4 198.5 80.1 0.153 5.25 Including 160.1 198.5 38.4 0.310 10.7 Including 160.1 183.7 23.6 0.505 17.32 96TRD-002 140.0 202.4 62.4 0.078 2.68 Including 164.4 202.4 38.0 0.126 4.32 Including 164.4 181.1 16.7 0.275 9.45 96TRD-011 0.0 140.9 140.9 0.060 1.81 Including 0.0 106.6 106.6 0.087 2.05 Including 60.0 134.8 74.8 0.096 3.30 Including 22.9 92.5 69.6 0.049 1.69 Including 63.3 106.6 43.3 0.151 5.16 Including 76.4 106.6 30.2 0.201 6.89 96-TRD-012 0.0 154.9 154.9 0.044 1.53 Including 40.0 154.9 114.7 0.060 2.05 Including 40.0 109.9 69.9 0.092 3.18 Including 69.9 109.9 40.0 0.158 5.43 Including 74.1 100.0 25.9 0.238 8.16 96-TRD-018 0.0 110.0 110.0 0.019 0.66 Including 33.0 61.0 28.0 0.063 2.15 Including 40.0 61.0 21.0 0.080 2.73 96-TRD-019 45.0 135.0 90.0 0.021 0.72 Including 65.0 85.0 20.0 0.089 3.06 Including 70.0 80.0 10.0 0.169 5.79 Also 180.0 190.0 10.0 0.022 0.76 (All drill hole assay results are available from the company upon request) Proceeds from a soon to be completed financing will enable Eaglecrest to conduct a large bulk sampling program and reverse circulation drilling program on the Trinidad concession this Spring and Summer. All fifteen-drill targets discovered to date will be drilled and explored in a progressive manner. Several senior mining companies have expressed interest in participating in the development of the San Simon gold discovery following numerous site visits and property examinations. Eaglecrest intends to bring the San Simon gold discovery to the pre-feasibility stage and anticipates being able to deliver a preliminary resource calculation based on the most recent drilling program in the near future. The San Simon gold camp is gaining world-wide recognition as having excellent potential to host several multi-million ounce gold deposits. Eaglecrest is in receipt of an independent research report prepared by a recognized geological/mining investment firm, Loeb Aron & Company Ltd. based in London. A copy of this report is available directly from Eaglecrest upon request. Eaglecrest Explorations Ltd. Victor Lahmer, President Extensive experience and a proven track record in the United States and Canadian public markets, with focus on emerging growth companies. He has been an integral part of turning these companies into multi-million dollar companies. In 1990 Mr. Lahmer was successful in establishing Crystallex International in Kilometer 88 Venezuela, the first producing gold mine in the region. Mr. Lahmer 's current goal is to turn the Eaglecrest's San Simon project into possibly the largest gold mine in Bolivia. NEWS RELEASE Trading Symbol VSE: EEL Webb site - http:www.canvest.com/eaglecrest 12g # 82-603 February 20, 1998 Eaglecrest Explorations Ltd. has engaged the services of Select Capital Advisors Inc. to raise the necessary financing for Eaglecrest's exploration program through a series of financings totaling $2,000,000.00 for 1998, following a successful due diligence period. Select Capital Advisors Inc., through its 32 worldwide affiliated offices successfully raised US$493,000,000.00 for the fiscal year ending 1996. By combining the talents of this network, Select Capital will provide complete financial and management services to Eaglecrest on an as needed basis. The proceeds from this financing will be allocated for trenching, approximately 10,000 feet of drilling and further bulk sampling on Eaglecrest's San Simon project in N. E. Bolivia anticipated to start in the spring, as well as, for general working capital. Finders fees are payable in accordance with the policies of the Vancouver Stock Exchange. The proposed financing is subject to regulatory approval. The securities offered in connection with this private placement have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Company is pleased to announce it has entered into an employment agreement with Andrew Hunter of Vancouver, British Columbia, to provide investor relations services for the Company. The settlement of $280,082 of debt by issuance of 933,607 common shares at a deemed price of $0.30 per share announced on January 30, 1998 has been completed. On Behalf of the Board of Directors Victor Lahmer, President Mr Metals

To: go4it who wrote (32060)	5/9/1998 9:07:00 AM
From: Zeev Hed	Read Replies (4) \| Respond to of 35569

Charles, sorry to have hurt you, but you must admit that if Metals will abstain from posting his dire predictions for IPMCF, there will be left only those voices telling everyone, now, at $.25 is a bargain, and then now at $.15 it is a bargain and further at $.05 it is a bargain and so on. The truth is that I have not seen, so far a solid argument stating succinctly why IPMCF can even survive. They have no money, as far as we know, they have no economic process, and as many have said on this thread before, it might be cheaper to extract gold from the ocean waters than from black rock. When newbies see only those bullish notes from the zealots and hear about the millions of ounces burried in the sands, without hearing the detractor voices, they might easily jump in at $.25 (how low can it go?) and at $.10 (can it ever go lower?) or after a nice 10 for 1 split, find that it can still go from the new $1 per share all the way to $.1 again. IPMCF has done that before and after spending some $40 MM of OPM, they are still at the same place they have been for the last five years. While not wanting to hurt your feelings, nor anyone else, new investors should assess realistically what this company can do. Good luck. Zeev