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

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To: Eric Tai who wrote (26083)11/14/1997 2:26:00 PM
From: kimberley  Read Replies (1) of 35569
 
Eric,

<< 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. >> I understand this, but even with jr. golds, with some you have a range... you know where a top could be, so you can estimate your losses. such is not the case with ipm. I don't underestimate the power they have... but it just seems like an illogical choice for a short. It must be, like MG said, the 'game'. guess as long as you've got the money to play, go for it. i'm uncomfortable with
'unlimited' losses, though.

best,
kim
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