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

To: go4it who wrote (33430)	7/20/1998 11:56:00 PM
From: d:oug	Read Replies (1) \| Respond to of 35569

Charles, I agree with your comments on revenge. My recent posts since my first "in anger" have shifter from "to go after", then to "find out the truth", to now "ipmcf share value". I have accomplished many studies on the affect of the revenge type thoughts, and no suprise to anyone, not nice what was found. Also no suprise to anyone is how powerful this type of thoughts can be to capture you and take control of you. Almost like being possessed by an alien you can not control, but you know you should and you know its really you... So, to all shareholders, I put my views on this thread, and it would be good if we the shareholders could post ideas on this thread and decide if we need to take actions, or to wait and let others decide for us. Ally got the attorney Cathcart to start the lawsuit to look at AZ and the man associated with the government mining agency. But, IF IF IF the IPM management is currently on a course that will result in the collapse of ipmcf share value, then if true(and I and this thread do not know if true or not), then if enought of the ipmcf shares were controled, then the IPM Board of Directors could be dismissed, and all of the IPM employees could be fired and replaced with people choosen by the controling shareholders that would tell us of a plan to determine if IPM has value. In one of the old posts, someone mentioned that in this case money would be needed to continue the company, and if an outside investor or JV could be found, then the money would have to come from the shareholders. Time to decide, wait to see what happens, and hope for a good outcome, or do something. In my option, the lawsuit Ally posted will bring out the "truth" if outside factors crushed IPM, but the bank and your house morgage do not accept "truth" as deposites and payments. As I said in a recent post, work for ipmcf share value and let others worry about the truth and any revenge. My interest in the lawsuit is very positive and supportive because it may prevent an "if exist" outsiders from completing a destruction of IPM. But if that is not where the problem is, and if the problem is management, and noone looks except me in that direction, then sad. To revisit what I said above, time to decide if management should be replaced, and if so then shareholders will have to decide to "throw good money after bad" to continue IPM under new people. If Black Rock dirt is a scam, then you loose initial plus the extra. If an outsider decided to "buy" IPM, then the outsider would pay as little as the market will allow. If he could pay 0.01 per share, then ofcourse. Or the shareholders could say NO, and wait to see what ever happens, maby a 0.00. I will do no more. As I said before, if I get my money back, etc., I go into the group8. If not, then not and as I said when I joined SI, I don't put needed money into a gold mine stock. Sorry for any arrogant tone in this and prior posts. Think money, not revenge. I now do the opposite of my recommendations, and I wait to see what happens, and what happens will be decided by the other shareholders.

To: go4it who wrote (33430)	7/21/1998 11:00:00 AM
From: ddl	Read Replies (1) \| Respond to of 35569

Talking to Cap Guardian would be a good start, if they'll talk to you. IMO, shareholders/regualators will somehow have take control of IPM to find out what really happened. Unfortunately, IPM has also accumulated a huge debt for the unpaid portion of the land, and I don't think anyone with deep pockets would want to inherit this. Perhaps, shareholders could solicit the regulators to investigate IPM's files. Whatever happens to IPM now can't be worse than current situation. Tough situation...almost as if it was pre-planned.