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

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To: Rock Doctor who wrote (12695)6/20/1997 8:15:00 AM
From: Richard Mazzarella   of 35569
 
Paul, you make a good point. I suspect that it will depend on the actual news from IPM and one's interest in trading or long term investing. IPM could get the desert dirt land rush moving and none of the other dirt's will ever look back, certainly not from the current prices. It's semantics, but eventually holding more shares of the fully valued company seems to be the game. For a give amount of investment dollars, cheap buys you more. Also, don't lose the comfort of a diversified portfolio. 10k shares in each of the desert dirt's will make that shareholder a very rich person in less than 10 years even if only one company makes it big.
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