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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: CynicalTruth who wrote (1711)1/27/1997 11:02:00 AM
From: C L   of 35569
 
The ones I heard about changed hands at $1 U S. There could have been other transactions that I didn't hear about. This is the kind of transaction that is between 2 people where a check and the warrant change hands. The buyers had to be gamblers and devout believers as the $1 was about twice the intrinsic value at the time. It would be nearly impossible to estimate who was going to sell the stock -- before or after the trades.

C L
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