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

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To: Daniel M. Whipple who wrote (11)9/3/1996 9:28:00 PM
From: Eric Tai   of 35569
 
Daniel, I do not know of any other forums discussing this stock.
Please let us all know if you find it out.

I also get my lead of IPMC from Ron Struthers. Basically, Ron's
reports, IPMC info package, IPMC news releases and its website --
that's all the info I have.

Whether it is hype or real? Honestly, I am not sure. In reality,
everytime when I played with a story stock (speculative stock with a nice or sexy story),
it always boils down to one last question : is the story true?
Just for fun ;-) I wrote down the four quadrants of
different possible outcomes :

----------------------------------------------------
.................| I invest in it........| I do not invest in it |
| ---------------------------------------------------
story is true | make a killing.........| miss the boat........| |---------------------------------------------------|
story is false| lose my shirt..........| pat myself on the back|
|-------------------------|------------------------|

Honestly, my investment (and decisions of not investing) fall across
all four quadrants. The worst part is that I am never 100% (or even 70%) sure whether the story is true or not beforehand. So all I can do is diversify,keep learning more info about a company, rank the info I got (an engineering firm's endorsement or feasibility report has more weight, press release has a little less weight, rumors or oral info from IR has least weight) and keep trying.

What do you think about the company Daniel?

Eric
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