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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Richard Mazzarella who wrote (12691)6/20/1997 7:56:00 AM
From: Rock Doctor   of 35569
 
Richard: I agree with you, but I would add a qualifier:

If some of the other 'junior' dirts also move over the next week or two, I would assume that 'blue chip' IPM will be more likely to hold more of it's gains than some of these other 'red chip' desert dirts, given that many of these juniors are not as far down the development path as IPM (in terms of 3rd party verification, refiner's reports, etc).

My personal preference is to stick with the quality of IPM at this stage, but I appreciate that leverage may be greater with smaller DD's - but only short-term IMO.

Your view?

Paul
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