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Gold/Mining/Energy : IPMG - International Precious Minerals Group
IPMG 0.00010000.0%Mar 7 3:00 PM EST

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To: rrm_bcnu who wrote (525)2/3/2006 9:09:42 AM
From: rrufff  Read Replies (1) of 799
 
Unfortunately, I was right on PLNI and why I only traded it. I hate being right though and really wish retail shareholders could have had more of an effect on some of these managements. Having spoken to the CEO here on IPMG and having expressed my own feelings about dilution, as I always do, I have the expectation that he understood and wants to build up something of value. It becomes a "win-win" when a CEO is pegging his own financial success on the same board as the retail shareholder.

AURC capital structure attracted me and, even with the rise, the trading suggests that there has been little or probably no insider dumping. I think AURC has a good shot of doubling again from .15.

But I'm also likely to add IPMG although I'd like to see some news. It's always a trade-off. The stock price is down because of uncertainty. I use that as a chance to buy cheaply. Once the uncertainty is removed, the price is not the same. It's a truism and something that many microcap and penny players don't realize.

For now, gold plays are hot and this one has NOT participated. If CEO has something to put out, he should do it NOW.
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