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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: ddl who wrote (2344)2/15/1997 8:50:00 AM
From: Bill Jackson   of 35569
 
Denis; I agree with you Denis. Like I told Joh later on you are preaching to the converted. My concept is to do with a hypothetical investor who has $5000 who is given the choice of two stocks that will both end up at $500++. One is at 5 cents, the other is at $5.00. There are other 'dirts' like ipmcf with deep wide rich deposits that are a similarly intractable metallurgy that are way down in the dirt. In fact if I was in the SW I would check out properties/companies as we speak. This always happens in a gold rush. adjacent properties are also affected, some good, some bad. Look at Voisey bay in Labrador. Dozens of coat tailers, some real and some not real. There were a few very high ratios in those coat tailers. Higher than voisey bay, but smaller in absolute dollars. So the $5000 can go up by a factor of 100 or by 10,000 take youre pick. Bill Jackson
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