International Precious Metals (IPMCF) Message Board

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

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To: HungryLion who wrote (27699)	11/19/1997 5:50:00 PM
From: E. Charters	Read Replies (1) of 35569

Look out the side window of an F_86 when its in a dive and I think you will agree that Whereas I had inside info by the barrel. But as I have said before timing is everthing. Inside info will not tell you when the company will release it or if at all. You have to have plenty of financial endurance and money to bet they will pull the plug. But they always do. Study 1000 mining stock over 20 years. Going short is 99.5% accurate. Longest time to cover is 2 years on average. Short is 6 to 9 months. Its how a lot of brokers make a lot of money. Only ccasionally will a true company-organized short squeeze or a genuine discovery catch them. Of course losses can be apoplectic. I had inside info 2 years ahead on a 1 million ounce orebody. Company made a few bonehead moves and the market tanked and so did the stock. So what?

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