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

To: Bob Jagow who wrote (32286)	5/21/1998 6:28:00 PM
From: BillyZoom	Read Replies (1) \| Respond to of 35569

Thanks for posting the 10Q Well, IPM aren't broke yet. Looks like they've got $522,000 cash left over from the $1,384,500 financing raised this year and $588,000 in liquid assets for a total of $1,110,000 in working capital. (0.27 CDN a share cash value - coincidence?) I find it disappointing that the administrative costs are still so high at $621,000 for the quarter. I thought these guys were cutting back overhead? BTW - Anyone want to lease a fully furnished, overpriced commercial office building in the Phoenix area? Rob