International Precious Metals (IPMCF) Message Board

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

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To: Joe Hartenbower who wrote (29780)	1/12/1998 2:10:00 PM
From: Matt C. Austin	Read Replies (2) of 35569

More excellent news for IPM. Paladium currently trading at an all-time high. A year ago it it was at $105/OZ -- today at $226. Platinum prices still higher than one year ago also. Since Black Rock Basin contains more platinum and paladium than gold, this is excellent news for us. The Canadians have very little of either - so I expect continual erosion in Cdn. mining issues as gold prices slide further. IPM continues to firm -- we have 2 big buyers over the last few days, one of the MM's assures me that the stock is under accumulation. Hope you're all having a good day.

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