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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: TheBusDriver who wrote (66)10/1/1996 2:12:00 PM
From: Bruce McGaughey   of 35569
 
Does anyone know exactly how many shares there are in IPMCF ??
I subscribe to Telescan and AOL. Telescan says 7,219,000 and
AOL says 1,600,000. Big difference.
Telescan has a neat thing called "Market Guide Reports". It's put
out weekly and there is information there about institutional
activity in the stock.
Taking the Telescan figure of 7,219,000, as of 9-27, there were
11 instiutions holding IPMCF stock. They hold a total of 32.29% of
the stock. Insiders/management hold 9%. That leaves 59% for us
little guys or what's called "the float", which would be 4.2 mill
shares. Very small amount for a mining company, which is good.
Also, Telescan reports that in the last three months, 1.39 mill
shares were sold to institutions.
That's good, too !!!
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