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


To: Claude Cormier who wrote (26802)11/16/1997 7:49:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 35569
 
Claude, I do not understand why no one is even considering the possibility that a least one fund will be disenchented. What will happen to the stock tommorow if just one fund decides there is ample time (at least 12 to 18 months according to the last release) before we really know what is in those thar sands, and possibly longer before we know what it will cost to get those goodies out. AS a fund manager I would say, wwell, that money can work a little harder for the next 12 months somewhere else and sell. What will happen to the stock then?

Zeev



To: Claude Cormier who wrote (26802)11/16/1997 8:33:00 PM
From: TheBusDriver  Respond to of 35569
 
Well CC...it you think about it they would probably do what you or I would do....wait for a bottom to get cheap shares....Ok, so monday we get hammered....if the funds move in *sometime* this week...will they be able to push the price back to a more comfortable level?? Donno...but they sure have been able to do it in the past....

Still possible to squeeze the shorts...pass...

wayne