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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: TheBusDriver who wrote (1361)1/13/1997 9:37:00 PM
From: Ellis Rudman   of 35569
 
It seems to me that, at a strike price of $2.82, the stock price would
have to move considerably higher to make the exercising of these warrants
attractive. From what I have read, it is in the company's interest to
press for some stimulating announcements to boost share price.

We'll see what happens.
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