International Precious Metals (IPMCF) Message Board

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

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To: Rock Doctor who wrote (12791)	6/20/1997 9:44:00 PM
From: Zeev Hed	of 35569

Paul, what Peter reports sounds impressive to me. I am still puzzled, however. Usually such good news is known to larger players before the AGM. I expected a run from last week to between 9 and 10, and with confirmation of good results, a blow out next week. I can see a much more moderate scenario, if Peter's report are confirmed, the stock could challenge the highs and if it break through before DB announcement, enough momentum should be there to break through (but no wild short squeeze, not enough shorts). If Pete's second hand report are not exact, and the actual news release does not provide dates that satisfy the market place, I think that the "forward looking statement" will be met with criticism and some degree of skepticism and possibly a retest of recent low. Monday's action should be prelude to the next three weeks action. IMHO. Zeev

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