International Precious Metals (IPMCF) Message Board

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

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To: Bob Jagow who wrote (24205)	11/3/1997 10:20:00 PM
From: Zeev Hed	Read Replies (1) of 35569

Bob: Are we now getting a campaign of "Expectations reduction"? Now .15 0z/ton would suffice, when the extraction route that was described incldes fine grinding and hot leaching and electrowinning? If they come up with anything less than they promised (which I believe was .25 or much more, remember Christmas in August?), the market is going to jump at once and demand at what extraction cost and we will see what we saw toward the end of last year, massive selling and possibly a lot of year end tax selling. This is my opinion and it is worth about 2 cents. Zeev

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