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

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To: Richard Mazzarella who wrote (20321)9/9/1997 11:54:00 PM
From: Steve Huskey   of 35569
 
I think it's fairly obvious that the market is reacting to the news.... the lack of it that is. The work was supposed to be completed by BD over the weekend. Also the time limit from the previous PR has expired. At least in the eyes of the market.

I think the market could stand another delay alright. A short one while the report is prepared... provided the work HAS been completed.

The market is displeased with the lack of news. If the work is done, a simple PR like "BD is done... news at 11:00" would be acceptable.

I am surprised they did not do this. The market's reaction is totally logical to me.

Steve
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