SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brubaker who wrote (25352)11/11/1997 2:59:00 AM
From: Graystone  Read Replies (3) | Respond to of 35569
 
Fools abound in SI land. Anyone who shorted this stock in the summer already made lots of money and they can cover any time they please (go look at an IPM chart if you don't understand this). I really can't believe that people like you and Lamb and Messy Often (long on IPM) think that the problem is the shorts. The only problem here is a never ending stream of delays and excuses and crap from IPM. It has been 45 days since they sent the stuff to the lab and nobody has heard a thing ( yah right, make me puke). This is following on the heels of thier last move.( "The program is completed", yah right, anyone who owned the stock should have sold right then)

What I really like is the gag order thing, shows you just how gullible investors are.

IPM said in the April release. We are suing.

"IPM fully expects to obtain a judicial determination that the Department of Mines was without any authority over the mining industry and that the statements made by Messrs. Coggin and Niemuth about IPM's Black Rock property were untrue and misleading."

Then they say after

"it is IPM's expectation that once the precious metals recovery results from the independent verification program have been announced, the position taken by the Arizona Department and its employees about the existence and recovery of precious metals will be proved incorrect."

Guess they couldn't get that judicial determination that the statements were untruth. All they did was shut the Department up, I think the truth or untruth of those statements was never raised by IPM in a courtroom, they couldn't.

I think the company name is an acronym anyways.

I'mPlayingMakeitupwithaCircleofFools

Messy Often is the most rabid poster I have seen since GOLDMAN on the Bre-X thread. Goldman was stupid enough to buy a hundred thousand BXM at $3.85 and then brag about it. How many shares you think Messy has.

It is still a good short, you will never have to cover.