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

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To: Mark Bartlett who wrote (28112)11/22/1997 4:46:00 PM
From: E. Charters  Read Replies (2) of 35569
 
Tough nuggets Bart. You post your garbage I post mine. Is it any more garbagy than people telling you for two years that a company has mastered a recovery and assay method for platinum and then finding out they can't really tell you when if they ever can cut the mustard? Like 2 years is 2.77% of a person's natural life. How much more of your life and money do you want to waste with those clowns and their smoke and mirrors? At least in my newsletter in a comparable period four companies have found mines, 20 stocks more than doubled and in the last year four stocks have tripled. Whereas your darling has gone from 50 cents, been delisted on two exchanges and climbed on phony bulletin board manipulation to 17 dollars and gone back to $2.00. How many people lost their shirts? And I am a bad guy? How much of this company crap and ingenuous wishful thinking that is promulgated here are we to believe? I don't expect the people here who thought I had a "bad attitude" to suddenly fall in love with me because I predicted the demise of their stock. I know human nature is pretty mean and un repentant. You will hold on and rationalize even if they arrest the entire executive of IPM and I receive the pulitzer. I will always be the enemy. I was nasty. But I was right. Luck? Would you like to change yours? Do you like only smooth talking friends who tell you good news and take your last dollar for their harebrained schemes?
Be my guest. You are in the credulous majority. If I were as unknowledgeable about some industry as most IPM investors I would expect to be taken. But there is another type of knowledge that might help you. Hold onto to every ounce of cynicism and distrust of me. It is very healthy in general. Amplify it. Now put that critical laser beam on every purportedly accredited and degreed personage who would sell you stock in a mine or any other project. Don't trust them for a minute and trust their market even less. Don't be sucker. There actually are a few journalists who are in cahoots with shorters who will attack a stock in print in order to discredit management and drive the price down. I don't happen to belong to that fraternity but it is something to watch out for. But getting the wholesale co-operation of management here I did not have to try to hard to get the same effect.

Bonno chansoso.

echarter@vianet.on.ca
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