Imperial Metals (IPM.T) Message Board

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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 (124)	2/3/1997 6:32:00 PM
From: Mike M	of 1366

Today's Closing: IPM closed @ $2.43 on 101,900 shares; current bid of $2.43 and ask of $2.48. Cathedral closed down @1.90 and Colony gained a little to close @ $7.50. Given the relative stability of Cathedral and Colony over the last few weeks, would one speculate that the decrease in IPM's share price is entirely relative to the decline in price of gold? If this is the case, I think the "upside" remains very positive (spoken like a true contrarian). I continue to hear vey positive things with regards to the Inco-Colony j.v. in Indonesia. I wonder if this has already been factored into the share value on CYX? I remain confident that it has had little or no effect on IPM at present. Best Regards, Mike

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