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 (33015)	6/16/1998 2:29:00 PM
From: Ron Struthers	Read Replies (1) of 35569

<<Is IPM worth a gamble of $0.10/share? >> It may make a good gamble at this level, it could go to zero, but if something developes it could go over $1, so not a bad risk/reward. I would use risk capital only. However, currently things are pretty bleak and I have not suggested buying or averaging down. I am waiting for some positive news that will get exploration work happening again at Black Rock. It looks like the best avenue would be a JV where someone earns in by progressing the property or a merger with a company with cash. Somethng is posible here but I don't think there is anything iniment at this time Ron

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