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

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To: Bear Down who wrote (24466)11/5/1997 3:55:00 PM
From: Larry Brubaker  Read Replies (3) of 35569
 
Michael: You can safely disregard the Vector Vest "valuation" of IPM. It is a canned formula that is best used for evaluating big stocks with regular earnings histories. The canned formula has no way of valuing the speculative value of a potential 43 million ounce resource. It is irrelevant in the case of IPM.
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