International Precious Metals (IPMCF) Message Board

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

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To: Roger Cordell who wrote (8070)	5/10/1997 11:43:00 AM
From: Bruce McGaughey	of 35569

I see nothing ahead but green lights for the next month or so. Only sour apple is the Bre-X fiasco. Gold and the XAU look great !!!! Stock market, in general, looks strong with electronics and airlines going up....good early-move leaders. From Anne's post, we can expect some PR this next week (probably Monday) on the AGM and Friendship Metals. Remember, the smaller particle size was reported to bring us a 20% inc in recovery. Am I correct here ??? That may give 0.3 opt, gold for the 500 kg lots, although I would surely take 0.25 opt. Not sure if we'll get any PRs after that, though, from this week until the June 7-June 20th timeframe. Could we get something else in the next two-three weeks ??? I can't think of anything unless it would be results from some drilling. Technically, we're great here. I sent some of you charts yesterday showing an apex either this next Wednesday or the Wednesday after. With the Friendship report due out on Monday, I would opt for an apex break-out between Monday and Wed of this next week. Like I said, we couldn't be looking better. Just don't tell anyone that this is "the next Bre-X"

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