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Gold/Mining/Energy : Image Power (IPZ.VSE)

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To: Ed Pakstas who wrote (18)	8/28/1997 12:41:00 AM
From: Gary S	of 383

I don't know whether FMMG is still working for SWC or not. If I had to guess, I'd say that they were not. It's irrelevant to IPZ anyway. As for the house positions, yes, those are hard to line up properly here. Global has been selling for what seems like forever. Eventually, they'll run out of stock. Your guess is as good as mine when that will be. RBC Dominion has been buying quite a bit lately. Keep your eye on them. The thing to remember is that NOBODY is making a killing yet. The average price since February is $0.30 (note: this is NOT a weighted average). Over the past month, it's $0.27. Unless you own a pile of stock, you're not going to be flipping for a penny here and there. Options at $0.28, financing at $0.25. Ask yourself "what's the downside at the current price?"

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