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

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To: O. H. Rundell who wrote (27941)11/21/1997 5:34:00 PM
From: Josephus  Read Replies (4) of 35569
 
Hello O.H.!

[Did the bulk test suddenly stop working? Wouldn't that have been negative information that would have to have been released to the public?]

I'm still confused as to why IPM released these low assay numbers. It's like they "wanted" the price to drop. If they could have controlled the release of negative news about bulk tests, etc (perhaps through some means of plausable deniability or something similiar), why then this release? It's too stupid to be stupid.

If we should next see a release that says, "Even though the modified standard fire assays indicate low grades, our actual recovery is just what we said it was", would the market believe it? I submit that there's a good chance the market would believe it, considering the fact that most of the market is not following this story.

On the other hand, we who have followed the story now know that purposeful manipulation is coming from within the company as it is outside. Is there any other explaination?

What's most unfortunate, is allowing myself to be misled - now that's stupid.

Regards,
StupidJody _/)_
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