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

To: Matt C. Austin who wrote (24801)	11/7/1997 1:58:00 PM
From: Claude Cormier	Respond to of 35569

<< I asked James Turk about IPM and he said that Midas has more IPM than is known - some of it is an off-shore fund >> I asked him as well. << Turk was speaking to me and another stockholder. The number being discussed between them "about 500,000 shares >> Matt, we should not be fighting over so small details. The off-shore fund that has this extra 150K shares has no link with the Midas Fund. It is a fund administered solely by Thygesen. Am I right to say that if Turk and Thygesen were convinced, as you are, that IPM is, now, the ultimate precious metals stock, Midas would own up to their limit of 4-5% in IPM ? I am not saying that they wont one day, but just that, for now, they are prudent and investing in IPM like I do... based on known facts. CC