International Precious Metals (IPMCF) Message Board

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

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To: C L who wrote (372)	11/8/1996 2:26:00 PM
From: Matt C. Austin	of 35569

CL Never have heard of someone having a bid in on purchasing a stock not being bullish on it. Are you bidding to buy because you are bearish on the stock? Found out a bit. Stock has a market cap of about $ 4 million. 8 million shares outstanding with only 2 million being the public float. They hope to be in production in the next several months. What is the market cap of IPM? Naxos? the other 5 or 6 public companies ? Isn't a four mil market cap low? You said this one was cheap. Have you changed your mind?

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