International Precious Metals (IPMCF) Message Board

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

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To: Richard Mazzarella who wrote (2365)	2/15/1997 9:48:00 AM
From: Zeev Hed	of 35569

Richard, I agree, use your head and a calculator. Also look at the future capitalization you people are proposing for this stock relative to the total market for gold. I think that the current world production is around 2000 tons of gold (but I am sure someone will correct me). At a capitalization of $500/share you will be producing roughly 220,000 oz/day. Get some reality check, you are pretty good with reality checks on oil (where the demand is far larger than gold), why don't you use your marbles here, is it too glittery? Zeev

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