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

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To: Brian Hutcheson who wrote (947)12/24/1996 3:31:00 PM
From: C L   of 35569
 
Brian, Not much secret in my life. My favorite is IPMCF, cloely followed by CHIP and Naxos. I think longer term we will see MXAM do well. I finally sold KGD.A and CZL.A at prices North of where they are now.

As far as interest goes -- I try to keep track of what they all are doing. I don't really follow GPGI, so can't comment on them.

IPM's property is about 90 miles West of PHX. About 75 miles from Maxam and quite a ways from CHIP and the others.

I hope you are considering some IPM stock as they have made the breakthrough, have the management and the $. My own personal opinion is that the stock will be over $40 by May '97.

C L
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