International Precious Metals (IPMCF) Message Board

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

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To: Rock Doctor who wrote (11785)	6/10/1997 7:43:00 PM
From: Zeev Hed	of 35569

Rock: It is an interesting TA pattern, there must be a size seller just under 7, but the lows have been going up in the last few days, I think that there might be another attempt at 7 and if the volume is sufficient to take out the resistance, I would not be surprise to see the stock near 10 by the time the AGM takes place. It often takes three attempts to go through a resistance level (which I think should be put at around 7). If it fails to go through the 6-15/16, then you may see a revisit of the low 5 and possibly a brush with the major resistance at low 4's. By the way, was it a Gorilla dumping 20,000 shares (near the low) today or was it one of you guys? Zeev PS for estimating water usage (probably one of the most imoportant parameters in cost estimate), I need to know if the alkali leach is a hydroxide solution, I need not know the exact composition just presenc of K or Na. Please help if you know.

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