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


To: d:oug who wrote (1407)7/30/1998 7:23:00 AM
From: Bill Jackson  Respond to of 1539
 
Doug, I went to bed, it is now 7:09 AM in Toronto.
After the week ou will indeed get a better idea. A newco might be preferable to oldco.
One should not remain attached to the hopes of the past. Each SH should assess things and then act in his/her best interest.

There is no ground toxicity at Black Rock. Where did that idea come from? In any event an assay lab already uses the right equipment to remove and destroy any toxic fumes given off during the assays.

You will note that the mainasset, the property has been placed in another company. I suspect this was done with the foreknowledge that IPM would in time come to this present state and thus the property would not become part of any distributable asset. It stays with the company, who I am sure will fund the BLM prior to the deadline. If they do not and you have proven and assayed the metal and know it is there you should stake the land at midnight when it comes open. Use night vision goggles if you have to and get it all ready in advance. I am not knowledgeable about AZ staking laws. The land may be open at 8 AM of the day it opens and not midnight. Get stakers with running shoes. Are dirt bikes allowed to make staking fast. Video tape any other stakers just in case. If time of filing in the land office is critical hire 6 helicopters to shuttle each claim as it is done to the filing office. If time staked is what counts, be first and have the video tape to prove it etc etc. Possibly hire pro stakers?

Bill



To: d:oug who wrote (1407)7/30/1998 7:27:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 1539
 
Doug, take some time and do a little shooting, you need to relax. <<go to Black Rock and take a shovel and put some desert dirt into a bucket>> Then what do you do when we come back with 3 or 0 OPT? Go visit the Maxam magnetic survey map, these deposits aren't homogenous. You get valuation through a sampling program. That's why that Coggins idiot who thinks he's a mining expert can't support IPM. He took some surface dirt and did an assay without knowing what pretreatment was necessary, or what he had. Besides management salaries, what do you think that IPM was spending its money on over the last couple of years? Reliable assay, something that "One Scoop Coggins" would never achieve. I refuse to make that same mistake. We hear that IPM now has a reliable assay and the numbers are good. I can't wait to hear them. We were seeing some numbers of ~0.08+ before the lights dimmed.

Irrespective of what anything that has been said, or done by others, I return to my belief in Dale Runyon who sampled the dirt. He told me and others that IPM's BRX was good dirt. That in itself is good enough for me to invest in that property, period. I don't care if they have to temporarily turn the lights off and the company is left with only one employee caretaker. Some day that dirt will pay off bigtime. That's why I want current shareholders to continue to own that potential. I don't want to see that potential disintegrate.

You can make things as complex as you would like, Jackson and Zeev with help you with that. I'm just look for simplicity, see my plan. We can address simple and eventually appreciate our investment, or we fail with complex. Complex is an agenda for failure IMO.