International Precious Metals (IPMCF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kimberley who wrote (26509)	11/15/1997 6:12:00 PM
From: Bill Jackson	Read Replies (1) of 35569

Kimberley. If reg S, they must file a disclosure notice 15 days after signing and getting the money. 30 days after that the shares are presented to the transfer agent to become free trading in the USA. Reg D??, I do not know. Ttypically the buyer buys the shares at a discount from the actual market price on the day set for that purpose. The discount can vary from 5% tp 50%, depending on how desperate the buyer/sellers are. It has a lot to do with volume, volatility and fundamentals. That press release is a kiss of death for reg S. The market will expect it to go very low next week. Of course the shorts might hold it up along with the institutions. Bill

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next