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

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To: Wildcat who wrote (4725)3/24/1997 10:48:00 PM
From: Larry Brubaker   of 35569
 
Wildcat: I doubt whether the Fiero brothers give a whit about whether IPMCF will ultimately prove successful or not. They smelled the opportunity for fresh meat, and they latched on.

I wouldn't be surprised if they were not active participants in the big runup. Makes perfect sense...buy into a runup in a speculative stock thereby making the runup even greater. Then start shorting the stock (while maintaining a few shares in reserve to cover your butt in case of emergency). Then, you work with your connections in the media (Bloomberg & Northern Miner, maybe?) with a few accomplices working the internet. After all, until the proof is on the table, there will always be some doubt. You clean up on the downturn, while your shares in reserve protect you in case the company announces good news early.

I'll bet these guys will make plenty of money here, even if we get a good report from BD, and we all make alot of money as well.
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