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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: brent hyatt who wrote (3773)3/9/1997 6:15:00 PM
From: J. Gordon Rothschild   of 35569
 
Just took the opportunity to re-read the reports from Jay Taylor, Ron Struthers and Ron Starr, they are adequate confirmation of similar independent reports. Could not get on the sight that had URL "transmutation", however, I believe that if one takes seriously what these gentlemen have to say, and accepts the conclusions they unanimously reach as valid-there should be a great deal of confidence concerning IPM. Lest we forget, the company is headed by scientists who have devoted a number of years to a project in which they have total conviction. Of all the companies this one has class management, professionals in geology and resource financing, most importantly, they have put mines into production-yet second guessing continues? Not too long ago there were many questions here on the issue of milestones that were contractually specified in the formal property agreement, the answer came last week-the message was delivered.

The short sellers who dominated on Friday had their way, weak holders went out-this may continue a bit on Monday. It is obvious and confirmable that major institutional investors have taken over the momentum, their decisions are based on an extraordinary amount of 'due diligence' take comfort from the escalating level of interest and belief.

JG
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