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

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To: go4it who wrote (11774)6/10/1997 6:59:00 PM
From: Rock Doctor   of 35569
 
Chuck: my TA view is the same. See what Steve H and Bruce McG say.

I still don't see enough volume to make me a 'believer' in this 2 day rally. But at least these 2 days suggest we may be hanging around $6-$7 for awhile rather than $4-$5. However, I cannot see a reason why we should break $7-$7.50 without volume (i.e. without news). Still would not be at all surprised to see $5.00 - $5.50 either this week or before the AGM (that's what I expect if there's no PR).

Hope I'm wrong, I agree with you that this upward direction is definitely a welcome break

I would also like to hear others' TA views ...

Rock Doctor
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