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To: Larry Brubaker who wrote (1356)	7/28/1998 9:32:00 AM
From: Paunch	Respond to of 1539

Hi Larry If you will read closely you will notice on this press release that IPM reported what Auric had reported back to them. This is the report that IPM had at the AGM last year with all of the high numbers, however shortly after the AGM is when IPM found out that Auric was unable to duplicate the process. When a report is received by any of the mines from any lab they simply report what the lab has reported to them, like the mess that NAXOF has now. That is why it is so important for all of the exploration companies to use a registered lab and this sort of mistake won,t happen. Auric wanted $ 750,000.00 for their process, they had been paid $ 75,000.00 up front with the balance in monthly payments of $ 75,000.00 but when the process was not able to be duplicated by Auric or at a registered lab IPM rightly refused to make any more payments. IPM would have liked nothing better than to have the process work, we would now be a $ 25.00 stock or more. That is what i was told shortly after the AGM. Paunch

To: Larry Brubaker who wrote (1356)	8/2/1998 12:28:00 AM
From: Tim Hall	Read Replies (1) \| Respond to of 1539

Larry, OFF TOPIC Do you recognize the names of any of these people? I got this from the JABA thread. The above remarks are intended to supplement and clarify Jaba's July 24, 1998 news release (see our website at wwwjaba.com). If you have any questions of a general nature, please call Jim Alexander toll free at 1(800)863-1551, and for discussion of technical aspects of the project please call Jim Briscoe toll free at 1(800)220-8143 or e-mail to jbriscoe@jaba.com. John Guilbert can be contacted at his e-mail address of jguilbert@jaba.com, and will answer technical questions by return e-mail or by telephone. TIA Tim Hall