International Precious Metals (IPMCF) Message Board

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

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To: Zeev Hed who wrote (32477)	5/30/1998 1:27:00 PM
From: Richard Mazzarella	Read Replies (1) of 35569

Zeev, <<apparent demise) of IPMCF a shot over the bow of the rest of the DD's?>> You know it is. Even your favorite GPGI is very weak. There's a test for you. I remember you doing an analysis on GPGI dirt where the per share stock value was very similar to the most blatant hype ever posted on this thread. You even got a chance to physically "kick" their dirt. Seems you believed. I wouldn't think twice about calling IPM a scam if IPM management really benefited from the stock run up. They held a very small percentage of the stock. What did they really gain. I could however accuse them of irrational exuberance, some of the same exuberance that you showed in your analysis for GPGI. If we have learned anything about the market is that a current stock prices for speculative issues is rarely properly valued. I believe, that's why I continue to buy the dirt's on weakness. Given time, this "shot over the bow" could be the best thing my portfolio has ever seen, mom would spank me if I bought high. <VBG>

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