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

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To: TrueScouse who wrote (330)11/5/1996 12:43:00 AM
From: Bruce McGaughey   of 35569
 
I agree with C.L. The volume was light today.
I work evenings so I can watch IPM all day. It almost appeared
that the price moved independent of any volume. Like the market
makers had an agenda all their own. Maybe they're trying to get the
stock price over the warrant strike of 2.80. (????)
At any rate, in looking at a chart, it looks like there's very little
resistance between 2 7/8 and 4.00. Maybe we'll see 4.00, rest a while,
and then take off after the report is issued.
On to 700.00 !!!! (Hell, 7.00 looks great to me !!!)
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