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

To: Bob Jagow who wrote (26771)11/16/1997 8:46:00 PM
From: TheBusDriver  Read Replies (1) | Respond to of 35569
 
it there bob...I just copies to friends...click on messages, then look for Q&A on the left hand side...

wayne



To: Bob Jagow who wrote (26771)11/16/1997 9:29:00 PM
From: Ron Struthers  Read Replies (5) | Respond to of 35569
 
Bob, Short squeeze, 11.5 hours and counting

It is not a PP of shares, but a convertible bond. I expect IPM will probably draw on it in stages. We should see a PR this week or next on it

The key thing is it supplies no immediate shares in the market to help the shorts cover. This was one thing they were expecting <g>

I see it also as a strong vote of confidence by the Institutions

Ron


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