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


To: Ed Devlin who wrote (34684)2/23/1999 8:45:00 AM
From: Richard Mazzarella  Read Replies (2) | Respond to of 35569
 
ED, our IPM investment may not be dead yet. MGAU's Sticklizard property that SFA 0.003 OPT yields ~0.5 OPT with the J/L assay. IPM's BRX drill program showed assays an order of magnitude higher than Sticklizard. BRX does have that drilling infrastructure that may of reference value for another company. Success at either MGAU or Maxam may stimulate interest.

In any event, a little speculation, if IPM completely belly ups, BRX is returned to Phoenix. IMO we could even see BRX eventually a Maxam property at almost no cost to Maxam shareholders. That doesn't help IPM shareholders, but Maxam shareholders are golden, pun intended. <VBG>