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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.860-1.1%3:04 PM EST

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To: Bobby Yellin who wrote (127)2/4/1997 11:14:00 PM
From: Roman de Guzman   of 1366
 
I am beginning to think that IPM is influenced by CYX. Pierre Lebel told me last time that in October when CYX started to move up, IPM started to move up.

Well, I think it is good for us that IPM is tied in to CYX. You have the benefit of the exploration in Indonesia and its own gold production in the Fall.

If you are charting IPM, IPM went below $1.70 not too long ago, and then started to advance. I think it will establish a new high once it overcomes the resistance at $2.20-2.30 area.
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