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

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To: Bob Markley who wrote (25212)11/10/1997 1:12:00 PM
From: Claude Cormier  Read Replies (1) of 35569
 
<< A gap opening of $10-15 means that there is a rush of buyers,
... The BD/Bateman report will be just that ...IMO >>

In this kind of environment, it is hard to imagine a mining stock gapping up $15. But *IF* we get COC on 4 or 5 bulk samples take in the center and corners of the 1st grid (or preferably at the same drill hole locations where IPM confirmed .25), and *IF* we get near .25 opt gold average we should have a nice gap of $3-4$ I guess...with higher price down the road.. but anything less than .20opt could raise too many questions to allow that much of a gap. That is my opinion of course and I know that many will disagree.

So, what kind of announcement do you think will cause a $10-$15 gap.

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