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

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To: Derrick P. who wrote (11941)6/12/1997 12:05:00 AM
From: C L   of 35569
 
Hey gang, Are we having fun yet ??

I've been hanging out with some pals in Southern AZ. Mostly in the jacuzzi, and having a better time than last week. I talked to a bunch of brokers, MM's, etc. today. Opinion seems to be that we'll be at $12 pre-AGM and about double that when we get the first BD signoff. About 50 % of the feedback says we'll have it AT AGM and the other half says about July 15th.

There are 2 buyers that are taking all available stock and seem to be following it North. I expect one is in the U K and haven't gotten any feed back on the other yet.

I expect the shorts are starting to wonder what's happened to their plan. When the stock price started to roll on Monday morning, it showed us that the news media is running out of power to harm the company. AS more and more of the stock moves into strong hands, we will see negative outside forces have less and less of an effect.

C L
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