International Precious Metals (IPMCF) Message Board

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

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To: Bob Aldridge who wrote (5391)	4/4/1997 11:16:00 AM
From: Karl Zetmeir	of 35569

To All: IF IPM also has a large low cost output of Pt ... Is anyone considering a short of Stillwater (PGMS)? Stillwater's year end report is out ... More proof that the more they produce ... the more money they lose. How are they going to compete with a producer that has virtually a zero cost of producing Pt as it is a byproduct of AU? Looking at a PGMS chart ... there's not much probability of an explosion to the upside ... and at $20/share ... lots of room for a downside play. Comments?

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