Was it 'seven come eleven [soon]'? A 5 3/4 close would be fine by me. Chuca said that the TH comment was on the Bloombergs--it may have convinced some to buy or cover.
TGIF--cocktail time before you know it ;)
Flash--Keith just forwarded Ron's IPM/Bloomberg piece, which I've pasted for lurkers. Bob ---------------- This is a portion of the report, contact Ron Struthers for the complete copy at resource@sentex.net
RSA Update IPM Volume 1 # 15.4 Aug 22 1997
P.O. Box 335, Owen Sound, Ontario, Canada N4K 5P5 519-372-8855
resource@sentex.net Yearly subscription $129 cdn/year $99 US Web Site "http://www.sentex.net/~resource"
Int Precious Metals, IPMCF on Nasdaq
Well what's new with IPM these days, certainly not another one sided article, joke for journalism out of Bloomberg. Sorry folks that's it for today, Loren Steffy from Bloomberg comes up with the usual story line. I was hoping we would see something a little more creative. Last article from this source, the Friendship Lab didn't exist, now it doesn't do samples. Bloomberg somehow got a telephone interview with the non existent lab. Funny thing is, in this interview Bloomberg only found out two things. The article claimed that Stan Wardle, Friendship owner, said in a phone interview that his company doesn't do sampling or any mining-related work, Friendship is a 'non-public research and development facility'. The 2nd thing of importance that Bloomberg discovered was that Stan expressed anger and said "I don't give a s... about the mining industry'.
Since Friendship doesn't do any mining-related work and I've seen all the mining equipment at the facility in use, I can only assume it doesn't exist until the next Bloomberg article and we will find out it doesn't work right or isn't approved by B. & S. Company.
The stock did drop about 1/2 point. Bloomberg is going to have to get more creative. Perhaps the next article will include a telephone interview with Bill Clinton and he could be quoted as declaring Arizona a mine free zone. If the next article comes after the BD report than perhaps we might hear that BD employees were abducted by aliens so they could get all the platinum to energize the warp core engines on their space crafts.
We can expect to see an excerpt of the Bloomberg article in one of the Canadian Financial papers tomorrow or Saturday. This is par for the course, be sure to cut it out for your collection. I really liked one of the previous ones with the dice sitting in the sand.
Ron Struthers Editor of Resource Stocks Advisory Resource Stocks Advisory, P.O. Box 335, Owen Sound, Ont., Canada, N4K 5P5 High Profit Mining Stock Selections and Investment Strategies Email: resource@sentex.net Website "http://www.sentex.net/~resource" Phone 519-372-8855 FAX 519-372-8684 |