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

To: Zeev Hed who wrote (26891)	11/16/1997 10:36:00 PM
From: Lew Green	Read Replies (3) \| Respond to of 35569

Zeev, will you let this drop already, you should be basking in glory on assuming the old process too expensive and not crying "the sky is falling" "the sky is falling" on this fund stuff where you've never been right. It has always been your weakest area of analysis. I know you're in cash and want your old $2 shares back but doubt you will get 'em. I've been talking to a lot of people, and bottom line this is no worse than after the Forbes article. And for that matter, a bit better because .02 to .08 AU and a confirmation of Pt., while not what we hoped for is a far cry from anyone painting a rock with gold paint! These institutions don't throw 100K on instanet at a time like this give me a break -- if they want to move that much they call around and find a buyer first and stike a deal -- you see it as a cross. Historically there is no precident for what you propose -- it is rarely these guys that panic -- for most of them it is OPM. It is usually PM that is prone to panic. There will be a short attack for sure, there may be some fund defence to slow them down. There are sure to be some buys at the support levels... And many of the momentum and short-term and retail shorts will be covering at some point. This pack are on their own agenda and probably were hoping for this report to be "scam" like Bre-x. They may not want to hang in with fiero cause they don't see the "kill"... One of the things shorts try to do is beat you down so bad you can't raise funding and can't stay a going concern. IPM just raised 10 mil -- they aren't going anywhere -- and they finally are "scam free" -- it ain't heaven but its not the sky falling either IMO. Lew PS... I just realized, sorry I didn't e-mail you, I got your mail but haven't been able to focus properly on it till I get my writing deadline met -- and wean my current IPM/SI addiction down. Soon!

To: Zeev Hed who wrote (26891)	11/16/1997 10:59:00 PM
From: Smurph	Read Replies (1) \| Respond to of 35569

Zeev, that is fine, but to wreck havoc you need only one fund buying 100,000 on the offer on the opening. Someone may indeed blink first, someone always does. Smurph