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

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To: C L who wrote (10907)6/3/1997 9:11:00 PM
From: john wickenden   of 35569
 
CL...Didn't think I'd be able to post this week...
but thought I'd better give some moral support.
It's very interesting flicking through several days posts in one go.
I've just done this, and as far as ''basics'' on IPM are concerned, there are absolutely no new negatives since I last looked. It still has the same incredible potential!
We've seen exactly the scenario that you and others have predicted would happen at some stage.
John Wayne (or one of his characters) once said....
''Lord.... make me as honest as the horse between my legs......and as BIG as the sky above my head''
Now's the time to think the BIGGER picture.
OK a few tiddlers may have got the heebie jeebies, but I'll tell you what.
I think nearly all the people in this stock have a remarkably good idea of the big picture thanks to released info and things like this thread.
They know about the copper fire assays in 1994, 6, 9, and 30 g/ton.
Also the copper fire assays 1995 averaging 5.505 g/ton, on a new patent.
They know about the smelted 24 lb. of ore returning average over 7g/ton from four labs (1994?).
Even the early Knelson Concentrator test, which given the nature of the ore I'm surprised worked at all, managed to extract some.... head ore grades of 2 g/ton Au and 4 g/ton Pt.
Many even know as I do that Alan Doyle is ''OK'' with Australian Fund Managers.
They surely know that Dr.Sam Shaw joined the company after working on the site a long time....he is simply not the type to fib...and he told me personally he'd seen the goods.

All these things make me think that those that got out are only out temporarily, just waiting for the point to get back in.
So ''The Abominable Forbes'' worked temporarily but sense tells me these well tuned investors see right through it, and are only using it to eventually increase their positions. The buy back in could easily be something of scramble on this one, it's too good to miss.

For what it's worth trading is not my style and I am in 100%, as are all my friends in the U.K.
Back to my retreat in the morning...see you all at the weekend.

Kind Regards.....John
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