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

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To: Texas77 who wrote (1344)1/13/1997 1:02:00 AM
From: O. H. Rundell   of 35569
 
Dave, As I see it you're getting flamed for being prudent. Hmmmmm. ... Truth is, if they have the goods most of us think they have, you can buy in at double the current price and still make *much* more than 35 or 40%. I loaded up early, but a more conservative approach certainly makes sense to me. Not everyone has to buy now to be right. In the long run we'll need serious second tier buyers like yourself. My feeling is that if one is really confident in IPM, one can tolerate multiple approaches to investing in the company. Regards, O. H. P.S., If IPM goes below $3, absent any negative news, I may have to adopt the MKIS and plunge again .
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