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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Raye Derickson who wrote (26815)11/16/1997 6:38:00 PM
From: J.L.  Read Replies (2) of 35569
 
Man, I finally got through the backlog of reading since Friday...go to the grocery store,
log on and there are 20 more messages to read. A few humble observations / opinions;

Everyone talks about how it is up to the institutions to move this stock now.

I disagree and I think our pals the shorts do as well. I recall that there was an informal
survey done a few months back to see how many shares were represented on the SI
thread. I was not surprised when the number was quite large. I chose not to take part in the revelation of numbers for a variety of reasons. Suffice it to say that if we all decided to sell on Monday morning that it would be quite ugly. The shorts who are posting here
on a regular basis know how many shares we represent and would like nothing more than to scare us out of our shares so they can comfortably cover.

I am of the belief that we can now expect more news to come on a regular basis.

Beginning with an in-depth outline of the institutional support and the financing. Continuing with regular updated on drilling, technical developments and corporate developments. One thing that has been a great aid to the shorts is the silence of the company. As a result of all of the "skam" accusations, the company has remained silent
in an effort NOT to appear as if they are promoting the company to move the stock. It is now time for them to provide the market as well as us patient and dedicated shareholders with regular updates on all activities.

Once the shorts realize that they have NOT scared a large number of shares onto the market they will have to cover big time. They know that there will be more news and information coming from the company now that the monkey is off their corporate back. The last thing they want is to be left short while institutions (and more public) learn of
this company and their prospect in it's infancy.

All for now, Jeff Lund
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