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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Furry Otter who wrote (21988)10/9/1997 2:32:00 PM
From: John Wetterau   of 35569
 
Otter, you are right, I think. Although, there is a price floor somewhere that will bring buyers back in. If I were a major shorter I would be driving down to that point before I started gradually covering. Has anyone any news of what the company has been doing the last few months besides waiting for the report? Should be quite a lot more done. The extended wait will have been worth it, in my view, if the involvement of Bateman signals the company's intention to give the PGM's equal billing with gold. Platinum prices are holding up well and are less subject to political manipulation than gold.
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