Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : DESERT DIRT TA -- Ignore unavailable to you. Want to Upgrade?

To: Bill Jackson who wrote (1405)	7/30/1998 12:58:00 AM
From: d:oug	Read Replies (2) \| Respond to of 1539

Bill, very good post. You posted 11pm, its now 12:20am, I will return in about 1 hour to reread you reply and post against it. But first I ask other ipmcf shareholders to read it without prejudice and compartmentalize it (except for Charles, Robert and Paunch who if do too much will experience a burnout and brain will turn into ash). But first my quick comments, or call it a position. My belief that 99% of the ipmcf shareholders are interested in only one thing, and thats to see the value of an existing ipmcf share price go not to zero, but upwards to a value that will let them see the stock back on NASDAQ so that they can escape from this grip now on their investment. I will guess that 90% of IPM shareholders, if given the chance to exchange their ipmcf stock holding today for a return of at least 50 cents on the dollar will do so tomorrow. Sure, if the stock did go up, many people that feel that way at this moment would pause and rethink the move. But my point is, these shareholders are interested in getting back their investment, not trying to go the next step and make money or riches, or to start or join another dirt company. They see a .05 -> .01 -> .00, and if the activity presently being taken can deliever, then sure, put in 10 cent per share for a gamble/speculation that one may reget the $5.00 to $14.00 per share investment. To be blunt, in about 1 week we will have a better knowledge of where things are, and it is very possible, and maby even likely that the risk factor is too high, that the facts saying we will be successful will not be many or sure. In your post you touch on, to me, the biggest one question that to me has to be answered before any person should commit to putting money into this: (my view) I don't care about labs and reports and what people said officially or in the hallway....I want someone like Chuca or Anne Lamb or Eva or Richard or equivalent knowned pro ipm shareholder that been in this dirt stuff more than like me that has only brought the stock...for one of these persons to go to Black Rock and take a shovel and put some desert dirt into a bucket and put on safety glasses and any breathing mask and take to someone that can extract precious metals from it and put it into the hand of this person after it cools or has the toxins removed. Also, as for your mention that even if the dirt is good, what good is restarting IPM if that which caused this mess is still present. Great point, and if true, then if not dealt with, then we waste time and money. So, this has to be understood by the shareholders now, is it real, is there people or group or organization that is out there that will continue to fight our success ??? If so, that all desert dirt companies will end up like us, including any new startups. Is there really something out there, like current big old fashion mining companies that feel threaten, and are "protecting" themselves from the likes of IPM???? Like I posted before, the desert dirts will produce wealth in the future, but who will receive the money??? Off I go. Doug may

To: Bill Jackson who wrote (1405)	7/30/1998 4:20:00 AM
From: d:oug	Read Replies (2) \| Respond to of 1539

and now, a less paranoia reply, and I should not have "told" anyone, especially by name, to do something, sorry and please I don't speak for others, so anyone can and should disagree with my reply here I copied Bill post, and adressed as follows Doug, Often a mine or company gets tainted in peoples memory. for years now brokers will recall the high points and the fall from grace no matter what comes afterwards. --- precious metals = money, if we can now extract at a profit --- then people invest for future's money and don't care about past --- we just have to "tomorrow" show the profit potential --- and as Chuca says, not talk and reports, but production --- but I agree, new money chases profits, and we need money now to --- go to a profit level and you point out that the amount of money --- from shareholders pays off debt and not for to gear up for --- production, assuming extraction method exist and payed for --- Maby we need the finanical unbrella of a bigger company to own us. So if you revive IPM and get it trading you might face this. By the way, do you want some BRE-X stock?, new directors, new direction <GGG> You understand the concept. The financial aspects of corporate revival can be dealt with via papering the debts as most will take shares with some hope instead of a total bankruptcy and some thousands will up date the financials and so on. You could probaly get trading for less than $30,000 if the books have been done part way through the year and all debts can be papered. --- Bre-X in court determined to not have good --- dirt, so any revival most likely peoples dreams or more scamming --- in progree, or people can't let go. etc., --- and does IPM have good dirt? --- answer from me = I have no proof = precious metals from --- the dirt using a reproducable method The only thing that might nail you dead as a duck is a SH lawsuit against the directors and the company. I think this will not occur as there is no apparent asset to grab or any director to strip of assets. --- None in progress or planned against IPM (I think is true) The property is leased/optioned from another. This is also a problem if they do not pay their BLM fees. --- Our plan is to get the dirt, so we are planning to pay this. In addition IPM agreed to pay some millions and has now defaulted so the company that leased the property can take it away in a heartbeat?(is this true) --- Please tell me, or better yet supply facts detailing events. --- agreed to pay millions to who ? --- who and when defaulted ? --- who can take away anytime ? --- in a heartbeat = not understood legal talk by me --- so please explain better the process to "ripe" it away from IPM Do they have the $50,000 BLM fees(is that the correct amount for that area?) --- shareholders put up money to pay debt, get out of Chapter 11 and --- to keep Black Rock and then any money left = food & drink party --- money to cellerbratetion and talk and wonder where the next batch --- of money to run company will come from The very first thing you should do is get some proper assays done before you spend all your money. --- in my first reply I done did ask inpolitly for this to happen --- in this reply I hope for a warm dry silkie fuzzy feeling type of --- comment from others that "its in there" will be posted If black rock is barren then walk away --- and turn off the IPMCF thread lights and make a new co. --- not me The newco can then stake or option land from first principals or it can option the prospective land that Cuhuca and Charles have in their group. --- if burned by the ipm investment, I don't think anyone will do this --- and start a company thinking that the same failure will happen Any time and effort spent on IPM with no fresh and independent assays may well be wasted. Since you have the grid you can go and take a dozen samples and slay this dragon once and for all. --- Richard and Chuca, please comment No amount of anecdotes from Aurum or others are acceptable, their words are a total waste of time. New fresh assays gathered, perhaps by Thall. Pay him his daily rate for his time and get it done. --- is Russ Twiford in this kind of work ? There are assays labs as Zeev has outlined and if they find zero, walk away from that property. Take no substitutes for new assays, there are none. ALl that has gone before is tainted. --- others, please comment One problem is there might not be enough time to do the assays before the claims lapse from no money to BLM, and you should never pay the BLM money unless you get title to the property I hope. What real claim does IPM have on the dirt? --- Charles, Robert and Paunch are active here, not me, I trust them If the company that owns the land comes up with the money at the last minute I would see this as a suspicious act and they will never let the new IPM that is out of their control get back in operation unless they get enough shares to run the same scam again. --- are all desert dirt companies doomed ? I would say contact thall tonight and hire him to sample and assay and pay a premium to get the assays done ASAP, and use 2 labs as well. The nickel sulphur fusion will do it. The whole thing might cost $2000 including thalls time.? Ask him. --- others comment here I can give what help I can from here as can thall and others. He may have been critical but he can be your friend too. --- my left side of brain likes and trusts Tim, --- my right side listens too much to others seeing him as dark force Get his advice as he is close and can get others who can also help. For me to fly down there would be far more $ that to have thall work locally, and he is probaly more capable in desert dirts than I am, as I have had little desert mining experience

To: Bill Jackson who wrote (1405)	7/30/1998 1:52:00 PM
From: Tim Hall	Read Replies (2) \| Respond to of 1539

Bill, Please leave my name out of these discussions. I don't think that these individuals are interested in our comments or opinions. They have Dale's word and that is enough for any mining property in Arizona. If they do need additional assistance they will probably opt for a big name consultant like Behre Dolbear. After all, according to the IPM thread, these are the best world class mining consultants available and they did get them this far. Tim Hall