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

To: Joe Hartenbower who wrote (26266)	11/14/1997 8:43:00 PM
From: Robert Knight	Read Replies (1) \| Respond to of 35569

You are correct in pointing out that the short term price of the stock totally lies in the hands of the institutions. What they do on Monday will be the key. You can fully expect a full blown onslaught from the professional shorts to take it lower. IF bids are weak, they will take this thing as low as they can to create panic selling. This is their chance to get out of their position and they will exploit it. The BIG question will be will Cap Guardian step to the plate to protect their investment? Do they now have enough proof with Bateman verifying gold/Pt in the desert? I would like to believe that someone likes what they see as they have been able to retain Bateman and someone has agreed to give them $10 million. Yes it was not what we expected, but they did lift the scam cloud. Robert