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

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To: redbeardog who wrote (11219)6/6/1997 8:46:00 AM
From: Casey   of 35569
 
This is an extract of what was in the subsequent post, the article accompanying the table:

<<Yet another short-seller is wagering against a

Canadian gold mining stock--International Precious Metals Corp.,

which trades over the NASDAQ Small Cap Market. International was

trading at just over 2 in December, but climbed to 13 in March. But

then, Arizona authorities maintained that IPM's ''Black Rock'' mining

site, under development near Phoenix, has little or no gold, contrary to

the company's statements. An IPM spokesman insists the company's

assessment of the site is correct and says that IPM has filed notice of a

possible suit against the Arizona officials. This short-seller is voting with

the Arizona authorities, however, and feels IPM's shares are destined

to collapse.>>

Oops, sorry, CL already found it. Still don't know how to kill a post once initiated.

Casey
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