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


To: briles who wrote (26463)11/15/1997 3:20:00 PM
From: Matt C. Austin  Read Replies (2) | Respond to of 35569
 
Jill had me locked out of the system for a few days and I'm beginning to think she did me a favor, after reading the BIG LIE in S I.

David Schechter (Lion, Gravestone, Hedgy1 and Grasso) is the mouthpiece in the Net for a consortium of short MM's that include FSCO, SOBE, FAHN, KEYZ, amongst others. His MO is trying to spread dis-information in the net to encourage selling by the small investor that he can frighten. IPM, Saf-t-lock, Quigley, IAIC, Jyra, Ultra-Fem and plenty of others have been on the receiving end of his invective. All of his posts are yelling SELL etc. He wants to buy your stock from you at a cheaper price than he sold it to you to start with. You don't need to be a rocket scientist to see right thru this guy. Wainwright is an honest, straight forward firm and they fired him as soon as they caught on to what he's been doing.

This stock has always been a wild trader and not for the faint hearted. If you decide that you can't take these violent manuevers, then you should sell it and buy IBM. Please don't do it because of his lies though. Bateman took COC dirt and says that there's measurable Au and Pt in it. The AZ registered assayer says there's .036 Au in the dirt (average of the COC assays). AZ is the only state that has registered assayers. If there's anything shaky about an assay, the state yanks their license and it's a felony to assay without the license. Schechter is telling you that the largest mine engineering firm and the AZ lab are fraudulent. You'll have to decide on your own if a short is telling you the truth on that one.

Mining exploration companies without sales income depend on outside funding until they get into production. Many small 'wanna bees' are unable to get funding to continue work. Doyle has just arranged for 10 Mil U S funding and is working on the 16.5 to pay off the Runyon money. If it's a scam, they wouldn't have gotten a cent. Their past PP's have been sales to funds/institutions that are long term holders. If you go back 2 years you see an increase every quarter on the fund ownership %'s. This one isn't any different - they sell stock to a big guy and he puts it away for the long term.

We now have proof positive that Coggins, Lumbert, Chatters, and Schechter have been lieing to the public. The metals are there and Bateman will figure out how to get them out.