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

To: Zeev Hed who wrote (33341)	7/11/1998 2:25:00 PM
From: Alan Vennix	Read Replies (2) \| Respond to of 35569

Zeev, <<I am still wondering why IPM is not "collecting" on the loans it made to the Chairman and its affiliated companies. >> If memory serves, these "loans" were converted to shares in NCMI and MGAU and those shares were subsequently sold by IPM (in the case of NCMI) or placed privately (in the case of MGAU), all at substantial losses to the original loan amounts. Alan