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


To: Robert Knight who wrote (26288)11/14/1997 9:07:00 PM
From: Furry Otter  Read Replies (4) | Respond to of 35569
 
I agree 100% Robert

If the main point of the report is that IPM is not a scam, I do not think CapG and Midas et al are going to give a rat's ass. If they ever though this was a scam they would have been gone long ago.

I think this PR was for the more timid of the institutions and the retail investors who were not sure whether it was a scam or not...was this another Bre-X? Is there gold in the frickin desert? Come on!

And now we know there is....

If the price drops, the main reason the existing players will buy is to protect their investment. DK if they will or not. I think there is at least as great a chance that the price will rise, as new funds get in, confident that there is gold there, there is platinum there, there is no salting, Bateman is in for the long haul, the company can generate financing, etc., etc.

Time will tell

Regards, Otter



To: Robert Knight who wrote (26288)11/15/1997 3:50:00 AM
From: Karl Zetmeir  Respond to of 35569
 
I think you'll see a bevy of new institutions coming in now there is a certified CoC assay!