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

To: Richard Mazzarella who wrote (33501)	7/29/1998 9:33:00 AM
From: Mr Metals	Read Replies (1) \| Respond to of 35569

THOSE BASTARDS:-( Barrick Gold Corp - Post says lawyers argue Barrick had "role" in Busang fraud Barrick Gold Corp ABX Shares issued 375,645,771 1998-07-28 close $26.4 Wednesday Jul 29 1998 See Bre-X Minerals Ltd (BXM) In the News The Financial Post reports in its Wednesday, July 29, 1998, edition that Barrick Gold should be forced to answer for its role in the Bre-X Minerals fraud because it failed to warn investors of the "bombshell results" when it tested 135 core samples and 130 showed no gold, says a filing in a Texas-based class action lawsuit. The Post's Sandra Rubin writes that Barrick has asked it be dropped from the suit because it was conducting limited due diligence on Bre-X's Busang property and had no direct duty to Bre-X investors. Barrick has also said it was bound by confidentiality agreements. But lawyers behind the class action argue Barrick made statements aimed directly at Bre-X shareholders when it promised to be "fair" in any partnership deal to develop the Busang deposit, and that changes everything. The Texas filing says, once Barrick started making such statements targeted at Bre-X shareholders, it assumed an important duty; to make full and complete disclosure. Barrick violated that duty, lawyers say. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com Mr Metals

To: Richard Mazzarella who wrote (33501)	7/30/1998 1:07:00 PM
From: BillyZoom	Respond to of 35569

Richard IMO this is exactly the route to take. The assets of the company to date are the property, the COC samples that are still secure and the working, consistent FA that can be used on these samples to take the property to a bankable resource and feasibility status. In todays resource market there is no rush to achieve the resource and feasibility. In a better market this part of the program could be exercised very quickly and money raised for further development via processing directly or via third party if such a facility exists at that time.

To: Richard Mazzarella who wrote (33501)	7/31/1998 6:34:00 AM
From: d:oug	Read Replies (1) \| Respond to of 35569

Richard, your right, lets keep it simple. This link to ipm.com for old/current pesonnel titles/people www2.techstocks.com The following is just my rambleing thoughts. With IPM in chapter 11, what are these people doing at the work site? Is everyone just waiting ? When is the last time work was done ? days ago ?...months ago ? Where is the money coming from for their pay checks ? Has anyone been laided off ? Maby there are no chickens in the chicken coop, only foxes. Boy, if this was a private company, and I was the owner Doug