International Precious Metals (IPMCF) Message Board

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

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To: go4it who wrote (960)	12/26/1996 8:36:00 PM
From: TrueScouse	of 35569

Hi Chuck: I see from your later posts that you did get in to IPM today -- good decision IMO. I do believe that the party is just beginning. As far as I am concerned, the current valuation of IPM is way below the value of the metals in the ground. As the company continues to get independent verification of data and issues reports, the share price should rise accordingly. If and when BD issues a report with its estimate of recoverable metals on the first sq.km. of the BRX property, the price could really fly. In the meantime, a BD sign off on just the gold results released to date could move the price to my initial target of $44. As CL suggests, visit the website and play around with the figures yourself. They are not hard to justify. The key is still the "believability" factor -- the point at which the big institutions become believers and start to buy in. Welcome to the IPM Club! Howy

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