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

To: d:oug who wrote (34664)	2/19/1999 8:47:00 AM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 35569

Doug, you posted on the MXAM thread that IPM shareholders may not be aware of the potential for their IPM stock. Just in case there isn't anyone that doesn't know, I will make a few comments. Maxam has begun its COC drill program: biz.yahoo.com . I think that excellent assays are "baked in the cake" and Maxam stock should appreciate again. Since holders of IPM are expected to have 1/3 their number of IPM shares in Maxam stock after a merger, current paper value for IPM stock is $0.05. I expect that value to exceed $0.50, maybe $1/IPM share before the end of 1999, my speculation.