International Precious Metals (IPMCF) Message Board

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

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To: marcos who wrote (23716)	10/29/1997 6:14:00 PM
From: Zeev Hed	Read Replies (2) of 35569

marcos: I do not think IPMCF is a scam, at least it does not appear to have the typical scam colors. It might involves error in judgment of management if it turns out that the gold and PGM are not cost effectively extractable. But I do not think management or anyone else, for that matter, knows that at this time. One of the main reasons, during the whole year that I have been following the ups and downs of this stock, I have not seen insider selling. In a scam the insiders are looking for an exit strategy, but the only one that benefited from the rise to 14 earlier this year were the shorts. Marcos, if you want to discuss the pro and con of IPMCF off thread, I would be happy to comply, just send me an e-mail. I have made my reservations and my adulations to some of management's capabilities noted on this thread and I see no reason to repeat these for all that have already read these. Furthermore, the "negative chatter" is already reaching levels seen only few times before, often just before a major new buying opportunity. You should know (as I presume most of the thread does) that I have traded and will (hopefully) trade this stock again. Zeev

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