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

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To: Turboe who wrote (11835)6/11/1997 12:23:00 PM
From: Larry Brubaker   of 35569
 
David: You missed my point. I personally don't care whether Findley's rantings scare off potential investors or not. My point is he acts like he is morally superior for questioning the hype artists on this thread; when it may turn out his position is wrong. He thinks of himself as the savior of all of the unsophisticated dupes who would buy the hypesters words, hook, line and sinker. He does not know his position is correct. Therefore, as far as I am concerned, Findley is exactly the same, or worse than the hypesters.

You give David credit because he called one or two people. Big deal. Last night he tried to put this stock in the same boat as Bre-X, because Bre-X had consultants working for it, too. If this is an example of Findley's DD, then he should stick to savings accounts, because anyone familiar with the Bre-X situation knows that Kilborne did not provide a chain-of-custody audit of Bre-X samples. They merely estimated reserves based on data provided to them by Bre-X.

I agree with you that following Claude's advice is a good strategy at this point for investors. I will not presume to try and give advice to traders.
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