International Precious Metals (IPMCF) Message Board

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

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To: Richard Mazzarella who wrote (426)	11/12/1996 7:28:00 PM
From: Zeev Hed	of 35569

Richard: Tell me more about those warrants, how many are outstanding, what are the conditions and what is the expiration. We might have a situation similar to that at Arakis when the convertible were dumped gainst the block (giving us quite some buying opportunity). I might even follow your lead on this one at sub 2, if the story checks out, not because they can extract the stuff, but because enough people will believe they can extract the stuff. It looks more and more like capitualtion time, and this is always an opportunity I like to capitalize on. What is the average trading volume recently, can it account for all the warrants or only some. Zeev

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