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

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To: Tom Harper who wrote (1536)1/20/1997 12:12:00 PM
From: C L   of 35569
 
I don't understand the 5 ounces you are talking about. IMO they are probably working with 15 or 20 pound batchs by now.

The company has not made any further public statements about what is going on. They plan to do so when they have something definitive. My best guess would be some time next week. It seems like everything in life goes slower than anticipated.

If we can get thru $5.25 on volume --we should have easy going, according to chartists I talk to. They expected resistance right where we are now.

C L
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