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


To: Albert V who wrote (26634)11/16/1997 3:15:00 AM
From: Lew Green  Read Replies (1) | Respond to of 35569
 
You wrote to Chucka: <<Convenient of you to ignore the first 80% of my post and C.C.'s post though>>

Well, I don't think Chuca was ignoring that on purpose -- just flitting in with 2 bits in his usual fashion. Actually, I've been wanting to address it because you got a lot of things confused -- your jumbling up recovery numbers, analytical readings, Fire Assay, Auric's Fire Assay, The current Fire Assay, Chain of custody, AA readings on a cloride leach with an inverse correlation table in an old BD report. You are jumbling all these up into one big but not accurate picture while venting understandable frustration -- but I still don't really want to get on the otherside of that vent.

I'd like to address CC's as well but I'm hesitant because I think he's in a bad humor. I don't think his main point in that exchange is particularly viable but IMO he gets in this flame war mode with certain posters here -- after they rudely attack him personally and then I think he does his analysis a bit more emotionally than he really means to. (sorry CC, that's what I think, no disrespect intended) I don't always agree with Claude's analysis but I like his dispassionate approach.

Finally your Frank Stauffer post, if it was sincere, is off base I'm pretty damn certain. He is certainly a cantakerous character and a lightening rod, but he ain't in Fiji -- He's here making payments on his credit cards he bought IPM stock with. He really is the crazy Kamakasie he posts about -- and I don't reccomend anyone follow his money management method. I know too many people that know him, have spent time with him, been on the road (or trail) prospecting with him, and I know he lost a bundle buying $11 IPM down and outs a while back -- he's long and a true believer I'm certain. You don't have to like him but don't let yourself fall to the Grasso/Hedgy/Hungry Lion level.

Lew Green



To: Albert V who wrote (26634)11/16/1997 3:18:00 AM
From: go4it  Read Replies (1) | Respond to of 35569
 
Albert,

You're right. The previous PR's took us down the wrong path of assumptions. They should never have been released. Consider this thought that I have been having relating to institutional ownership.

Based on things that I have been told and have reason to believe. There is approximately a 4MM share float that is held by people like us. I remember reading somewhere that ther were at least a dozen institutions waiting on the sidelines and others that were waiting to add to their positions. IF IF IF this is true and IF IF IF they did like the fact that IPM has a fire assay on a chain of custody by Bateman. This 4MM share float will dry up in a heart beat. IF they do not like what they heard then between the shorts and the institutions we are pretty much shit out of luck. Please do not forget that there is currently an artificial float of 1MM+ shares. There is always that and the fact that Bateman is still there.

For some reason I don't think the stock is quite done for yet.

regards,

chuck