Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Claude Cormier who wrote (25411)	11/11/1997 11:35:00 AM
From: Bob Markley	Read Replies (2) \| Respond to of 35569

Appears that price is steadily moving upward, ... looking for a strong close on a quite day. Shorts have no hope of covering now, IMO. Could see the 4 3/4 level come out later today. Regards, Bob

To: Claude Cormier who wrote (25411)	11/11/1997 12:04:00 PM
From: Matt C. Austin	Read Replies (1) \| Respond to of 35569

>>><< IPM and a couple of the other desert dirts are going to decimate the Cdn. mining industry Be serious. >> I am serious and you still don't get it, of course. When the price of Gold drops a little further a lot of mines will be shut down. Supply-demand will come back into balance. When IPM's mine comes within a few months of coming on line, we'll see a tumble in prices again and the rest of the mines in Canada proper will close down. The only Canadian miners will be the ones with low cost operations OUTSIDE Canada. >>First, IPM is a canadian company and will be for a long time.>> I'll be real surprised if they don't re-domicile in the U S and drop the Canadian OTC listing by March 1, 1998. Their treatment by TSE and the Canadian press has been little short of atrocious. Why the hell would they want to stay a Canadian company??