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

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To: C L who wrote (12989)6/22/1997 11:32:00 AM
From: Zeev Hed   of 35569
 
CL: You should stop making comments about people and their motives (or whether they need or need not psychiatric evaluation), but stick to the facts. The first part of your response was factual, they requested that the exchange halts trading and they were turned down. This is fine and dandy and is a fact. I see no problem with that. I do see a problem with their telling you and others at the AGM that a halt is "imminent" and then nothing happens, it hurts their credibility not mine. It is unfortunate, because they seem to slowly get to where they want to be.

Halts are called for when "earth breaking news" needs to be disseminated so as to afford all market participants equal access to the information (and possibly sufficient time to reassess their positions). The halt was not called, the trading was not particularly unrully, the weekend gave everyone time to assess the situation and trading will resume Monday, and probably will be orderly. If it is not and imbalances of orders are present, the exchanges themselves will call a halt.

The strange thing is that you always chose to comment on my questioning posts, never on those posts that seek to set straight intentional or unintentional misinformation (the most recent one just this morning on whether an ore containing the triple Au, Pt and Pd is feasible or believable or not).

Unlike you, I do not "trash anyone that believes in them", I have yet to call you names (like names you are using to describe people that do not agree with you) or denigrate your state of mental health. Grow up and accept the fact that not everything the gods from olympus are saying and doing is always right and always correct. For one, they did tell you of a halt and there was none, and the action of the stock did not warrant a halt.

They are doing a lot of things right, but unfortunately, they do not reside in olympus and do make mistakes and also do a lot of things wrong, or miss targets or make pronouncements that are too optimistic.
What I am trying to discern, are these "honest mistakes", "errors in judgment" or actually deeds intended for the sole purpose of moving the market in the direction they need it at a given time. I still do not have an answer to this question.

Zeev
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