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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.860-1.1%3:04 PM EST

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To: Roman de Guzman who wrote (66)1/12/1997 1:30:00 PM
From: Roman de Guzman   of 1366
 
The inactivity on this forum wiped out the postings on IPM. Well, I do not blame a lot of lurkers and pseudo investors for not being so aggressive about IPM.
IPM is conservative, no hype, no false promotions...., its genuine. The last time I talked to the president, Mr. Pierre Lebel, he told me that my estimate for their annual copper production of 10 million pounds was too short for their planned production of 30 million pounds. That would add another $.16 cents to my old estimated earnings.
My observations of majority of Silicon investor participants are for short term investments only. It does not matter whether the stocks free fall like a wounded duck on the sky or skyrocket, as long as it is moving up or down to make anyone's blood boil, they will take it.
This has been our culture in the silicone Investor. That is why a lot of investors have lost their pants. They buy with the first surge of their blood to their emotional state.

IPM closed at $2.03 with 79,000 shares traded. Its high for the week was $2.15
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