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


To: Claude Cormier who wrote (26324)11/14/1997 10:28:00 PM
From: Char  Read Replies (1) | Respond to of 35569
 
So what is a possible deposit of 50M tons of .03 recoverable gold worth.

Dave



To: Claude Cormier who wrote (26324)11/14/1997 10:32:00 PM
From: Char  Read Replies (2) | Respond to of 35569
 
Okay Claude, let forget about IPM, Lets go to MG Gold. What is 240 tons of .197 oz/ton worth.

Davbe



To: Claude Cormier who wrote (26324)11/14/1997 10:43:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 35569
 
Claude, that is like spraying salt on open wounds. Maybe we will all learn one little lesson from that. We must listen to what the stock action tells us. There is no chance in hell that we small investors will get newscrumbs from the big boys table, when the expected news is "great and the stock dips back to tests almost yearly lows, something is wrong in the equation. When every so often the big boys are spreading "whisper" numbers to get a small rally going, that rally will be used by the big boys to unload and by the shorts to get a piece from the little investors.

When things do not jives, there is no choice byut to ask the unaskable, why the stock's action and the background expectation diverge.

I am trully sorry, many of you on this thread have been adversaries yet very good cyberfriends, I hate to see that happening to a bunch of extremely nice and quite gifted people. The lesson is not to let either the MM's nor the Hoares and other institution feed us their non sense. Few nmonths Back, theBIG Cappital group wnet all the way to announce an increase of a measly 50,000 shares or so on top of what was supposed to be a very large slowly accumulated position. At the time, I said this does not make sense unless they are in the process pof playing a Vinik trcik on the public. I do not know when their latest position will be announced, but I am quite sure that it is much lower.

Finally, someone on the thread owes a little money to my favored charity. Whad a bet.

Good luck everyone, and remember, it is only money.

Furthermore, IPMCF needs to raise some cash, so you canbbe assured that they will do what is necessary to have new rallies in this stock. I know not where from and to whjere, but as night follows day, they will play with the greed and fear feelings of stock holders to get the money they need (even if they already know that the little gold they have is not extractable, which od course, they might not).

Zeev