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

To: Hans Smedema who wrote (33440)	7/22/1998 1:04:00 PM
From: BillyZoom	Respond to of 35569

Hans Exactly, if the technology for extraction is really potentially there then just sit back and let it come to us instead of pissing away millions trying to be the first kid on the block. Why run when you can walk there just as fast. The 0.05 a share and 0.10 a share "solvency insurance" program is far to difficult an approach to be workable without the support of current management and some work on their part organizing all shareholders. I just can't see it happening. Unfortunately IMO the directors of this company have shown us no intent whatsoever to save this company. There's an old saying that "sometimes the screwing your giving ain't worth the screwing your getting" and I honestly believe that the management of IPM have taken a defeatist attitude and have resigned themselves to this position. Rob