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

To: Bear Down who wrote (24490)	11/5/1997 5:41:00 PM
From: E. Charters	Read Replies (1) \| Respond to of 35569

To those who bought at 12 dollars. They do have a property in Big Trout Lake that may have platinum in it. And some gold properties in Dryden that have a chance. A "class action" to unseat management and get them on to something more practical that will return dollars in less than ten years may be justified. What you may find out is how pitifully small the retail holdings are in comparison to their "friends" whose pockets they have lined. Control is usually vested. Its your only chance before the bad news dribbles out from defections and obfuscation on the current program. If you wait for 40 cents (coming) then they will reorganize and shuffle more shares out to buddies. -------------------------------------------------------------------

To: Bear Down who wrote (24490)	11/5/1997 7:08:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 35569

Michael: Your stated philosophy for shorting this stock is a loser's ball game, IMO. Look at what the professional shorters have been up to. They started shorting this stock at $14, and have ridden it down to where it is today, and probably had a lot to do with this last decline below $5. Now, when we are at the bottom and the news is imminent, the shorts begin their hysterical rantings on this thread. Why are they doing this? To squeeze as much blood out of the IPM turnip as they can before they start covering in earnest. If there is a pre-report runup in which you state you would be shorting into, a good portion of the runup is likely to be caused by the professional shorties covering their positions. So, while the professional shorties are taking their healthy profits and reducing their risk, you would choose this time to initiate a short position? Not a wise move, IMO.