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

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To: Zeev Hed who wrote (2364)2/15/1997 9:44:00 AM
From: Richard Mazzarella   of 35569
 
Zeev, If all the DD was in, the i's dotted, t's crossed, and all the experimental and assay work done, IPM could be a $100 stock. (review the skeptical path of Bre-X) The price of $5 reflects the speculative nature of this stock at this time. As confirming data comes in the price will appreciate and the speculation will decrease. Maybe it won't see $100, but there is still quite a move coming. Buy bullion if you want gold, buy the desert dirts if you want stock appreciation. There is a big difference as we have discussed before. Widows and orphans should never buy gold stocks in the first place.
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