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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Bob Markley who wrote (26761)11/16/1997 4:30:00 PM
From: Donald Watson, Jr.  Read Replies (1) of 35569
 
Bob correct me if Im wrong but would it not be very stupid to short this stock at this stage in the game there playing range now is from 0 which has just been proven impossible to are current level of 5-6 bucks. Seems to me worst case scene is we may see a dip on some selling on Monday followed by a flurry of buying for the shorts to cover and make any profit. And dont believe for a second they all shorted at 14 . Maybe up to 2 million shares worth (Short). This may be combined with some instututions saying "Screw Forbes and The NM" Batemen says its there. If it makes anyone feel any better If we shelled out some BIG BUCKS to Auric maybe we would get our sign off..BUT I think there was some political Blackmail goin down and IPM said "Aint gonna happen" So lets be happy BATEMEN who has been on the scene for a only a short while came up with a fire assay that produced modest results (Which Im sure given enough time could have done better BUT we all screamed for PR) Or we could have shelled out some big Bucks and got Auric. Maybe Im all wet but this is the way I see it.

And Bruce No IM not selling, No one here in My area is selling, I see nothing but upside potential.

Your Friend,

Don Watson
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