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

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To: Brander who wrote (26339)11/14/1997 11:30:00 PM
From: Zeev Hed  Read Replies (1) of 35569
 
Brad, the financial engineers in wall street are coming up with new financing versions everyday. For companies with limited access to capital markets (which unfortunately, in view of the last release, IPMCF is one), they have chinese torture tools. See for instance a group of posts I did today on the GATE thread, where a new very "solid" on the surface financing was made, but which is neverthelessnothing less than a kind of a floor less convert guarannteeing almost that the price of the stock will be halved within months. Got to read between the lines with these new financial tools they are inventing every day.

Zeev
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