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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: go4it who wrote (12396)6/16/1997 2:09:00 PM
From: Claude Cormier   of 35569
 
<< There is one thing that I can't figure out about your decision to decrease your position and that is why do you put any credibility towards an article ... >>

Who says I was giving credibility to an article... I haven't comment on these articles.

I have decreased my positions simply because I follow some rules. My first one is to take profit on the way up..Another is to make sure I am comfortable with the structure of my portfolio.

<<...and has led IPM to a significant increase in share value, %
institutional holdings >>>

In itself, this doesn't add credibility to the recovery process and does not garrantee that IPM will proved up economical reserves.

<<..and seemingly progressive progress in recovery. >>

I agree... it seems that that the recovery process has gone a long way. Still, because of the exceptional potential we are talking about here, we need an exceptional proof that the recovery process is working before we can give IPM stock price a much higher value.



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