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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Gerald Walls who wrote (2257)2/13/1997 10:23:00 AM
From: CynicalTruth   of 35569
 
Gerald...Re:

"The rest of my comment was that management was either hoping no one would notice or were inept to yet again not announce that a BD activity was slipping. Also, this is one downtick after a bunch of upticks.
I interpreted what I read to be that the announced date that the test would start was slipping. From what another poster said this was actually an announcement of when the test would complete. I hope this is true.
Which would give you the most comfort, a company that issues a press release that an activity will start on a certain date and then issues another press release that the date has slipped, or one that issues a press release that an activity will start on a certain date and then you have to call the company to find out that the date slipped? That is my disappointment. What in the world is the management thinking?"

The last time managment released a "bad" PR was at the AGM last July. Take a look at the chart and it is quite noticable. The stock took a nose dip from around $6 to the $2 area. For someone trading this stock , then I say let the "bad" PR flow. Then I can jump in lower and back out higher. But alot of people have faith in this stock to suceed with the technology of unlocking the PGM's. If the company forgoes mentioning all the little setbacks then the shareholders will be alot more comforable hanging on. Of course the "True Believers" will hold no matter what. That is why I stated "If you're not confortable with your investment, you should probably get out."

"The Earth was not Created in a Day."

John
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