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

To: Richard Mazzarella who wrote (34685)	2/23/1999 9:09:00 AM
From: Chuca Marsh	Read Replies (1) \| Respond to of 35569

<<.., if IPM completely belly ups, BRX is returned to Phoenix. IMO ...>> I asked Dale yesterday if the claims had any legal problems of defination of hold and such...he said something like part of the deal over the last few years was an annual statement of hold be sent timely to his entity that transferred the,, what PHX...so..he basically that is NOT any way to be the problem... The problems is artifical and or not concrete....I won't say. Just the concept thing...in other words...my read...it will still happen. Chuca ( It meaning ...BRX as you say RM...will be a Maxam Property!) YES, anyways.

To: Richard Mazzarella who wrote (34685)	2/27/1999 3:37:00 AM
From: Larry Brubaker	Read Replies (4) \| Respond to of 35569

<<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.>> Richard, this is exactly why I always thought the MXAM buyout of IPM was a ripoff to Maxam shareholders. The IPM buyout proposal, as well as the gift of Maxam shares to characters like Mr. Metals (in return for a hype job, something Runyon told me he doesn't do) destroyed the little credibility I had left for Maxam.