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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Rock Doctor who wrote (23845)	10/30/1997 9:50:00 PM
From: go4it	Read Replies (1) \| Respond to of 35569

Rock, There was a person on another forum that didn't think IPM cared about their share holders. I thought you would be interested in my reply : Does IPM care about it's share holders ? I think it does. I think that many of the difficulties that we are facing now have been caused because they care about their share holders. I personally have never been a share holder in a company that has had so much information available before. Of course I am talking more about the beginning of this year than I am now. Alot of the information that was passed down to us share holders were forward looking, some were thoughts and some were time projections. Much of the information that was passed down to us has not happened as planned or because the direction was changed or because there were man power problems associated with BD or problems encountered along the way. What has the previous sharing of information gotten us? Over exhuberance on the part of the share holders (myself included). It has attracted the shorting market makers. It has caused wide spread misinformation to be published about the company and it has caused much anxiety for the share holders. The mistake was made and now they are trying to correct it. If they say anything positive then they risk problems by people who will claim that they are hyping without supportive documentation. If they say anything negative then they risk losing the share holders that I believe they care about. If they say anything at all at this time then I think the company and its share holders will lose. Considering the current atmosphere, I believe they are doing the only thing that they possibly can. What are they doing for the share holders ? They are informing the funds about IPM and meeting with the institutional investors. The only hope they have right now IMO is to bring in the institutional investors to support the stock price until the data is available that will support their claims and the company will be able to stand on their own proven accomplishments and property value. According to the telescan reports, there are now 21 U.S. institutions invested in IPM. Short interest has risen and it was reported that the shorting MM's of Fahnestock and Herzog were the ones hitting the share price today. When the data comes out then these MM's will have two choices. Start buying or start tieing up more and more cash to support their short positions. IPM has publically announced that the verification process is complete. Now we wait for the last time to know what is there through a chain of custody program. Chuck