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

To: Richard Mazzarella who wrote (32547)	6/2/1998 3:57:00 PM
From: Tim Hall	Read Replies (1) \| Respond to of 35569

Richard, >> I doubt if that's the case. MGAU is picking up Galleon for shares of MGAU. How could MGAU pay for IPM debt?<< MGAU also has to explore the Galleon properties. And based in statements on the release, no one seems to be sure where the goodies are. I would guess that such a blind exploration program is going to be expensive. It is my guess that a program to explore and analyze all of Galleon properties in two years will cost 2 to 4 Million dollars. Wouldn't 2 to 4 million dollars buy a controlling interest in IPM at todays prices?VBG Also, if Omega is flush with cash, couldn't Runyon get financing from them? Tim Hall