Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Graystone who wrote (28115)	11/22/1997 10:11:00 PM
From: Bob Jagow	Respond to of 35569

Can I assume Rockhead, that you've returned to gloat on your own time? ...clients must have moved on by now?

To: Graystone who wrote (28115)	11/23/1997 2:52:00 PM
From: Mark Bartlett	Read Replies (1) \| Respond to of 35569

Graystone, From your post, quoting HungryLion: <<I don't think you have the guts to post anything but self righteous crap after the fact. I put my butt on the line when crunch time rolled around and warned people that they would lose big. I haven't seen you attempt to protect inexperienced investors from what is really going on here. Are you that green or can't you recognize how Struthers and Austin (Stauffer) are hammering the little guy over and over again with their obvious lies. Your profile indicates that IPMCF was a favorite stock. I should have guessed.>> This is a response that I received from Hungrylion from a post that I sent to him. It is clear he did not fully read or appreciate what I was saying to him. While I believe that you have made an effort here to post accurate information, this post is wrong and out of context. While I was supportive of IPM, a long time ago, as a high risk venture (i.e, not more than 10% of risk capital) I have not been supportive for a _long time now - and in fact was flamed big time here because of it - to the point I stopped posting both here and on CIS. If I can be accused of anything - it is _not changing my profile favorite stock list (done now) - that was legit - the rest of Hungrylion's diatribe to me was BS. MB

To: Graystone who wrote (28115)	11/23/1997 4:03:00 PM
From: Graystone	Respond to of 35569

One Canadian or Sounds reasonable, doesn't it. Dealing with the decline in price in IPM(CF) over the last several days of the week. After some study I have surmised what I think might be the reason. There is always a reasonable explanation for any set of events that you see in the market. Many of you know that Canada is a nation that does a lot of mining. A case may be made for interlisted stocks taking thier lead prices off of the Canadian Exchange listing. Remember that there are at least ten Americans for every Canadian and then examine the "value of stock traded" in an interlisted like Barrick Gold Corporation on both exchanges. You will find that the numbers you get are not a ten to one ratio. Canadian companies are often at the forefront in mining technologies and Canadians are big investors in the mining industry. The price of many interlisted mining companies often is settling on the TSE and following on the NYSE. I would like to digress a moment if I may. A small joke for any German readers. It is always good to see an international interest in these forums. I learned how to say this many years ago. I had to learn it for a job I was doing. Needless to say the phonetic spelling of it here is likely not correct, but it was only ever learned phonetically. The gentleman I needed to talk to lived in Germany and owned a property in Canada and I was taught this sentence by one of his neighbors. I guess I got it right, he began asking me questions. Ich hab jemen gefunden, wo mit dil morgan, am telephone sprechken kann. For anyone who didn't get this joke, my regrets. Back to the subject at hand. The culprit in this THEORY is mainly NASDAQ: I disagree kimberley, I think the culprit is a Canadian. ...it is likely obvious... Canadian Dealers Network Quote on IPMC for the Date of Nov 20/97 9:42:50 International Precious Metals, CDN Nasdaq-BB(IPMCF) Quote of all Market Activity on Symbol IPMC Last 3.00 Change -0.50 Volume 200 shares # of Trades 1 % of Change -14.29% Ask $4.00 Bid $2.50 High 20.00 Low $2.75 Nasdaq-BB(IPMCF) Quote on IPMCF for the Date of Nov 20/97 Quote of all Market Activity on Symbol IPMCF Last $2 3/32 Change -7/32 Volume 463,600 Shares Open $2 5/16 High $2 5/16 Low $1.91 This case would have been much stronger technically if any Canadians had sold on Friday, I guess that is why we should file it under "likely". A fundamental analysis would "likely" yield more accurate information on the price trend.