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

To: Matt C. Austin who wrote (26538)	11/15/1997 8:11:00 PM
From: go4it	Respond to of 35569

Matt, I have been on mental overload ever since the news release came out and here is my honest take on things. I have no clue what the price is going to do!!! I see many positive things in the news release that prove to me the following : 1. IPM is not a scam 2. The proof of fire assaying is enough to allow financing from institutions at a 25% premium over market share price. Any one who does that has to believe that the share price will be higher when they are permitted to sell them. 3. They have measurable amounts of gold, silver and platinum and third party verification to prove it. Next week will probably be as volitile as they come. Many institutions have required 3rd party verification prior to buying any stock and now they have it. When will they act on it is the big question. They have alot of metal on that property which has now been proven and if they have a cheap fire assay procedure then that would imply that they can probably extract some metal profitably. There are mines that have problems with the mineralization chemistry and obviously IPM is one of them. IPM had to know what kind of reaction there would be from the general public which has less information and is generally less sophisticated than the institutional analysts. Have they arranged for share price support ahead of time ? I don't know but it is a possibility. At this point in time I have too many questions but I do believe that there are things going on behind the scenes that we simply aren't aware of.