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

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To: Bruce McGaughey who wrote (24608)11/6/1997 8:13:00 PM
From: Robert Knight  Read Replies (1) of 35569
 
Very evident today about what took place. An institutional buyer showed up and was looking for stock. You could see the sentiments of the consortium of short players change as they now had to deal with a supported bid. The quick run to 4 1/2 is not surprising. Lets hope the buyer stays around to stabilize the stock until we get results.

Robert
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