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


To: Richard Mazzarella who wrote (34665)2/19/1999 9:20:00 AM
From: Chuca Marsh  Read Replies (2) | Respond to of 35569
 
<<... 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...>> You know I have this problem. Decimal Problem. I am now desperately trying to inverse and divide by three or is it multiply by three.
I come up with a figure of THREE BUCKS PER SHARE for Maxam Gold Corp. At the end of 1999. What is strange is that is the target figure that Lorraine came up with YESTERDAY. That interpolation happened....in mid morning as I remember. She was right about USPS and help all her shares and is now in the money again. ( She was also right about GPGI unfortunately)
So is I get this right we both in our New York Minutes of new math came up with the same figure.
I told Dale YESTERDAY...that I was able ( me and her ) to increase our position in Maxam Gold Shares OVER ten fold since what we declared at the MAY AGM in our accounts. I think that fact is contributory to our calculations. I am not a baker but am ready to slice into that mother of all cakes. With the Dividend shares of October 1998 and the Pledge Shares of the last quarter....I think I just demonstrated another ...DECIMAL PROBLEM. Great news...OUR speculation may be our....bonus money from a mining company. Too bad Tim missed the boat. Free money is always best when investing, except when ...speculation says that there is another way to go( go ahead Guys & Gals, Individuals and you Mutual Fund Managers;...BUY MO MAXAM and increase the Volume for us today- just decimal it ten fold-Join IN!). Earned Money, New Money and Trust Account or IRA/ROTH season money is best. The last buy on Maxam Shares was not it an IRA....The Wife Was Ticked, yesterday when she heard that. ( Must of been the Rain...but she was insistent to set up ROTHs for Maxam before the deadline on 12-31-1998...again...she knew that 1999 will be our year. )
Add some ZEROS ...any zeros...it is fine with us.
She and I found the first Free Gold at White Rock so to speak - by mistake. Knowing that there is old gold in the deserts is amazing and helping to make these decisions of support. There is one more point...Old Gold...so to speak OLD MONEY in times past. The Mineral Rights in the Center of White Rock were taken by 2 different families after the Market Crash of 1929 ...Old Stakes ( very old- black with age - dry rot and splinters ) have been seen at two places of our claims 6 miles apart...the real reason that we spread pattern our claims....so that when we invert the spread to the counterclockwise direction...we found that area is the Area Of The Old Claims of the Wyatt Earp Bros and that was basically near ...Maxam Gold's Copper Valley. Enjoy your retirement dude...we will also. I hope that these strings of disconnected facts help make some people BUY and other commit to the pledges. Also, the fact that 3 funds are still declared as Holding BIGTIME ( Midas/Equitable/ Am. Funds-Cap Guard) will mean that we will have MUTUAL FUND SUPPORT of Maxam as HOLDERS if we can convince them to hold in the post merger COC results proofs that will make ...MXAM as a non reporting BB company THE ONLY DAM ONE in the world with such///world class Big Decimal Support!
Chuca



To: Richard Mazzarella who wrote (34665)2/19/1999 7:25:00 PM
From: Richard Mazzarella  Respond to of 35569
 
IPM stock has a higher paper value today, $0.062 based on the closing price of MXAM, $3/16.