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

To: BillyZoom who wrote (33435)	7/21/1998 10:19:00 PM
From: d:oug	Respond to of 35569

Robert IS - Experience: 21 Years & Quote: Eat or be Eaten Shareholders we now have some tangible stuff to consider. I have no experience in mining and business matters, so if others quiet/sly/timid/etc ipmcf shareholders could reply yes no go stop look see help etc., then please post. Also, who are the BIG and very BIG shareholders. Something like long ago posts said investment houses ???? I don't know the nature of these, but eventually people(s) represent these big holding, so, how can they be represented on this thread. A friend of a friend of an enemy of a friend knows someone ???

To: BillyZoom who wrote (33435)	7/22/1998 3:23:00 AM
From: d:oug	Read Replies (1) \| Respond to of 35569

Rob, I just now understood one part of your post. You said: <<<... and set a hands off date of a couple years and then review the available options at that time. >>> My thoughts were full_steam_ahead, do it all now, etc., but this could also mean more mistakes could be made. But your hands off period will let IPM observe the other desert dirt companies, and if they encounter problems, not only do we avoid them, but by the time the hands off period is over, work-around-over-thru any problems will have been deal with by the other dirt companies. Also, if there really is a dark force out there currently on the back of IPM, then if we stop struggling, this creature will probably consider us ka-put and move on to the next red meat victim. Actually, if this happens, and the force likes aged meat, then GPGI or MXAM has a nice coat of fuzz on them. BUT, if it likes or wants young virgin type meat to devitalize the life forces from, then I remember these pop-up commercials appearing on this and other threads, something like yuppies8 or puppies8. Doug

To: BillyZoom who wrote (33435)	7/22/1998 4:40:00 AM
From: Hans Smedema	Read Replies (1) \| Respond to of 35569

Robert, My thoughts exactly, why not put up the 0.10 cents per share and leave the company for some time/years. In the mean time we can follow the others and possibly make a deal. Maxam f.i. will have a plant by then. Also we could investigate both management and the AZDOM. We need contact with the big shareholders. Hans

To: BillyZoom who wrote (33435)	7/22/1998 9:37:00 AM
From: ddl	Read Replies (1) \| Respond to of 35569

$1MM is still $1MM. I had forgoten about the new deal. Regardless, it's 10c for half of all outstanding shares and this is mission impossible unless you get the big shareholders on board. We all know who has, or is supposed to still have 80K shares. do you really think that person is ready to fork out $8 gees? Has anyone ever tried to talk to Cap Guard? good luck. A consortium of major shareholders is required before the next AGM, which should be prety soon. Regulators could take years. Unless ya get to see their files, you don't really don't know what you're dealing with right now. Seems to me a while back we figured SI shareholders had about 3MM shares. Another 10 should so it.

To: BillyZoom who wrote (33435)	7/22/1998 11:50:00 AM
From: Ptaskmaster	Read Replies (2) \| Respond to of 35569

Robert The company voluntarily filed "for reorganization under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for Phoenix, Arizona " (June 19th IPM press release). "The Company's wholly owned subsidiary, International Precious Metals Corporation of Arizona ("IPMA") was also a party to the [Omega] Property Purchase Agreement, solely for the purpose of holding title to the Black Rock Property" (IPM 10K for 1997 fiscal year, filed with SEC March 31, 1998). Anyone know the status of IPM Corp in Ontario, Canada? Ptask