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

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To: Tim Hall who wrote (24792)11/7/1997 12:42:00 PM
From: maf  Read Replies (2) of 35569
 
TO ALL: Watch out on this one, the price of Platinum keeps falling with the other precious metals. Even if a find is determined, will it matter with low metals prices, and pressure to take them even lower as countries line up to sell part of their gold? Platinum is down to 386.00 per oz today alone. It broke through its $400 resistance level recently. Does anyone believe this plays a factor in IPMCF's price? I think it did when Platinum did a run up months back. Check the chart on this stock and look at Platinum's price.

I got in yesterday at 3 15/16 and out today at 4 1/2 (bailed too soon).
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