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


To: Char who wrote (26303)11/14/1997 9:48:00 PM
From: go4it  Read Replies (1) | Respond to of 35569
 
Another question for anyone. If this news release is so bad then how is it that they are arranging financing through institutional investors? Why would institutional investors be interested in financing a non-economical mining operation that has been lieing to it's share holders?

Leinenkuegel Red - I highly recommend it to clear the brain a little.



To: Char who wrote (26303)11/14/1997 9:55:00 PM
From: Joe Hartenbower  Respond to of 35569
 
Dave... >For the record, I think they will be buying rather than selling<

I agree. I don't think most of us fully understand how extremely important and yes, positive, this news is. I am really embarrassed. I just assumed that there would be this magic number between .15 and .80. We would multiple it by some huge numbers and kaboom. As a result all the shorters would panic and though some miracle, CBS, NBC and the rest would tell the world. Soon the stock would be at 200 and I would sell half, go to the moon, etc.<g> I really do believe that the pros know the importance and will see this as a buying opportunity.



To: Char who wrote (26303)11/16/1997 3:09:00 PM
From: TheBusDriver  Respond to of 35569
 
Dave...you log on to SI and read the posts...there are several here who have level II and can see the bid/ask and who is buying/selling...big blocks will be the funds...

hope you're right

wayne