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


To: Tim Hall who wrote (24792)11/7/1997 12:42:00 PM
From: maf  Read Replies (2) | Respond to of 35569
 
TO ALL: Watch out on this one, the price of Platinum keeps falling with the other precious metals. Even if a find is determined, will it matter with low metals prices, and pressure to take them even lower as countries line up to sell part of their gold? Platinum is down to 386.00 per oz today alone. It broke through its $400 resistance level recently. Does anyone believe this plays a factor in IPMCF's price? I think it did when Platinum did a run up months back. Check the chart on this stock and look at Platinum's price.

I got in yesterday at 3 15/16 and out today at 4 1/2 (bailed too soon).



To: Tim Hall who wrote (24792)11/7/1997 1:00:00 PM
From: mark silvers  Respond to of 35569
 
Thall
<<NO>>
Good, now that you are on record as ssaying that you don't believe that Ledoux would lie about CERTIFYING THE PRESENCE OF GOLD AND PLATINUM AT FRANKLIN LAKE, why can't IPM also have both metals on their property? The desert dirt saga is one where the final chapter has yet to be written. Over the past year I have read on this thread various experts say that it is impossible to have the presence of both metals in the same ore body. That is obviously no longer true. Many other preconcieved "truths", or "known facts" are going to fall by the wayside as the this little story unfolds. It is going to change the way people think, and for some that change will come only begrudgingly, as some of the underpinnings of a long held belief system slowly erode away.

Mark