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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.880-0.5%Nov 18 3:59 PM EST
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To: Roman de Guzman who wrote (207)10/29/1997 6:17:00 PM
From: Zipster   of 1366
 
Dear Mr. Guzman,

Thanx for keeping us up-to-date on IPM.
It's been a long wait. At $.10 quarterly earnings for a start, what kind of p/e multiple may be appropriate? With a depressed metals environment, even a giant like Cominco trades at 30X. At 10X, IPM commands $ 4.00. Is my math. correct?
Sincerely,
Ravi
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