International Precious Metals (IPMCF) Message Board

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

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To: whatitis who wrote (26492)	11/15/1997 8:31:00 PM
From: Zeev Hed	of 35569

Rick, an interesting analysis. However, we had a similar rise before the AGM to be siapointed and it was used by the shorts, then we even were told to expect a halt that never materialized. I think we are engaging in wishfull thinking. The market expected COC of .25 on Au and some Pt to go with it. Suddenly a week ago, a signal came out to lower expectations, and the thread toned down to .15 oz/ton. Now we get what we already had in 1995, a COC of .046. You really think that the fire assay is going to light up a fire under this stock if it yields assay that are equal or lower. I think it is wishful thinking. However, if enough think like that some people may have achance to reduce their exposure, if they so desire. Zeev

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