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 (3335)	3/5/1997 9:15:00 AM
From: Eric Tai	of 35569

Richard, Bill, I am glad that there are still a few cool heads here with this dramatic price increase. Nobody is interested in the FA now, most will be contend to predict the price of IPMC will continue to go straight up or counting their paper profit. On the one hand, like a lot of people had calculated, this will be a $30-40 stock if DB endorses the process and some more infill drillings to confirm the tonnage of the first sq km. But OTOH, a lot of expectation is built in the stock price and I don't know how any setback (god forbid) will impact the share price. We still have some hurdles in our way --- the successful testing of the 500 kg samples, the endorsement by BD and the successful results of the future infill drillings. Just hope that all will be smooth -- I hate to imagine what may happen if anything goes wrong. Anyway, congratuations all. You guys/gals deserve it. PS Bill, can I assume that you are holding onto some IPMC by now?

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