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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: bob who wrote (1024)6/6/1997 11:00:00 AM
From: Gerald Underwood   of 1480
 
Bob,

Even though I am also extremely anxious to see IMMM stock price reflect it's true value, I am questioning whether or not the company at present should really be so concerned with deterioration of the stock price that they endanger their contractual relationship with UPR. Any positive news about drilling results is very likely to temporarily elevate the stock price, IMO however in the long term it is in the best interest of the company and it's stockholders to maintain their good relationship with UPR, who is providing the opportunity for EM Sounder to prove its commercial viability. IMO the success in the original two holes is only for openers. The true long term success of the company will lie in the total exploration effort. For this we need the full cooperation of UPR.

Regards,

Gerry
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