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

To: BillyZoom who wrote (32272)	5/20/1998 9:22:00 PM
From: d:oug	Respond to of 35569

Robert, Thanks for taking the time to answer those questions I asked. Between your information and the link knight gave me to explain floorless financing, I hope IPM can secure the money in such a way that the current shareholder don't end up with near worthless shares. It would be wrong for IPM to bring the company to success if the current shareholders cannot share in the rewards. I would rather IPM management take another route, and pass up any quick money, and make us wait in limbo a while longer. Makes me want to ask two simple obvious questions. 1. The people currently in charge of IPM, are they aware of how the current shareholders can "loose" thru things like floorless, etc. financing. Are they knowlegable in mining but naive in the world of financing. 2. The people currently in charge of IPM, if they knew that accepting financing would guarantee that the company would produce precious metals at a profit, but also lessen the value of shares to current shareholders, would they do this. And, if so, could the current shareholders prevent this type of financing.