International Precious Metals (IPMCF) Message Board

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

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To: kimberley who wrote (26045)	11/14/1997 2:13:00 PM
From: Eric Tai	Read Replies (4) of 35569

Kim, I think the main reasons the short sellers are having a hay day short selling IPMCF or in fact any rising mining stocks are: 1) In general, the junior mining stocks are dropping like a stock and they can make money just in shorting a "basket" of junior mining stocks. 2) Their recent "victories" in Delgratia, Bre-X, Cartaway, Timbuka etc. make the shorties think that they are real smart and that any mining stock that goes up is a scam. They are too short sighted and forget about their painful lessions in Diamond Field, Diamet, Arequipa etc. Just hope that they learn another expensive lession from IPMCF.

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