International Precious Metals (IPMCF) Message Board

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

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To: Albert V who wrote (26634)	11/16/1997 3:18:00 AM
From: go4it	Read Replies (1) of 35569

Albert, You're right. The previous PR's took us down the wrong path of assumptions. They should never have been released. Consider this thought that I have been having relating to institutional ownership. Based on things that I have been told and have reason to believe. There is approximately a 4MM share float that is held by people like us. I remember reading somewhere that ther were at least a dozen institutions waiting on the sidelines and others that were waiting to add to their positions. IF IF IF this is true and IF IF IF they did like the fact that IPM has a fire assay on a chain of custody by Bateman. This 4MM share float will dry up in a heart beat. IF they do not like what they heard then between the shorts and the institutions we are pretty much shit out of luck. Please do not forget that there is currently an artificial float of 1MM+ shares. There is always that and the fact that Bateman is still there. For some reason I don't think the stock is quite done for yet. regards, chuck

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