International Precious Metals (IPMCF) Message Board

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

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To: kimberley who wrote (28576)	11/27/1997 2:19:00 AM
From: Larry Brubaker	Read Replies (1) of 35569

<<If you want to believe the company is very close, then you buy on faith.>> I agree with that, Kimberley. Right now, buying IPM seems to be a similar gamble that buying Bre-X was after Freeport reported no gold and before the Strathcona audit results came out. To buy the stock now, you are gambling that a company that needs $17+ million to pay debts, and $? million to keep operating can raise the needed money after misleading the hell out of its investors. Maybe they can, but its not something I am going to bet on right now.

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