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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.880-0.5%Nov 18 3:59 PM EST

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To: Roman de Guzman who wrote (122)1/29/1997 11:16:00 PM
From: ted   of 1366
 
Roman,
I admire your tenacity,you've followed this story for quite some time.
Saw a few releases today, did not understand but I'm lead to believe
the release from CYX of Jan 28 was in fact very positive with regards
to the indonesian play and in fact they suspect INCO may increase
their budget based on those results,' plus INCO is saying this is their top prospect in Indonesia.
If you contact Charlene at IPM she will no doubt provide you with two
other reports one being somewhat speculative saying CYX may be their top pick for a gold, the other just updating the very impressive Mt. Polley story. it would be nice to see gold move in a positive direction and I think you may see IPM move to $7.00 by year end, I doubt much value will flow from CYX to IPM until they have more definitive results.
Last but not least IPM also has excellent property at Midway which I'm led to believe may be equal to or better than Mt Polley, they have to do more work on the size of the ore body. Not much else to add I'm
very bullish on this stock and presume $4 will be sooner rather than later. egss
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