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

To: BillyZoom who wrote (32813)	6/10/1998 12:56:00 PM
From: go4it	Respond to of 35569

Robert the last news release also addresses the trading issue of IPM Phoenix, Arizona -- May 28, 1998 -- International Precious Metals Corporation (IPM) announced today that it has received notice from the Canadian Dealing Network (CDN) that CDN has temporarily withdrawn the approval for CDN market makers to disseminate quotations of IPM's common shares. In order to trade shares of IPM or obtain quotes, shareholders will now be required to contact those brokers in Ontario, Canada who are making a market in IPM's common shares. Presently, the three brokers making a market in IPM's common shares are: Taurus Capital Markets Limited, Cannacord Capital Corp. and W. D. Latimer Co. Limited. In view of the present circumstances, IPM's Board of Directors is considering all options available to the company. As determinations are made they will announced accordingly. On Behalf of the Board of Directors Alan Doyle Chairman

To: BillyZoom who wrote (32813)	6/10/1998 1:28:00 PM
From: E. Charters	Read Replies (1) \| Respond to of 35569

The company is delisted. Once unquoted you are screwed. The only market as in all unlisted markets is the grey market. That is what is meant by the lack of quotes. This is moot in the BB's or OTC's as the market is all a screw market anyway. But there is a suspension of quotation and it would have nothing to do with NASDAQ. That is an apocryphal quote. I would say if somebody did say something similar to what was purported to be said by the OTC that they got it wrong. They should ask the boss before shooting their mouth off. No CDN market is affected or connected with any international market. Sometimes a decision NOT to suspend is made where there is a significant international market and worldwide listing base upon market realities and the effect of the suspension, BUT they cannot PREDICATE a suspension based upon an OTHER exchange's decisions or regulation. Such a move is unconstitutional, prejudicial, an interference with business unjustifiably and without a mechanism or legal cause. Therefore a suspension of quotation or trading is due to and can only be due to violation of a domestic exchange requirement. EC<:-}