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


To: Donald Watson, Jr. who wrote (28291)11/24/1997 8:28:00 PM
From: Proton  Respond to of 35569
 
Re: Fool Me Once

Amen......Amen.....Amen.......I always say Amen after a Sermon. There are many here among us who are laying it on thick.

From your profile...

Favorite Stocks: IPMCF. I used to believe in Brex until they screwed me.

Unlike you and Andy, I'll resist the temptation to kick a man when he's down.

You're welcome.




To: Donald Watson, Jr. who wrote (28291)11/24/1997 8:49:00 PM
From: Larry Brubaker  Respond to of 35569
 
<<Some longs have "Suddenly seen the light" Who, by the way, if the stock went to 10 tomorrow, would suddenly see the light again and say they had Amnesia and did not know what they were doing (Or Saying) There is a song By the Eagles called "Get Over It" One of the lines in the songs says "Eveyones Pointing Fingers Saying Dont Blame Me" Another words lets take some Responsibility.>>

I have seen the light. It is the clear light of realization that I have been lied to. What would you have me take responsibility for, losing money? OK, I accept the responsibility for my own losses caused by believing the misinformation put out by the company. I accept no other repsonsibility beyond that.

By the way, if the stock did go to $10 tomorrow, I would be willing to bet that we have been misled again. The only way I could see the stock going to $10 in the near future is if the theory concerning why the financing terms are unbelievably favorable is correct. That theory being IPM drives the price lower (by a disappointing press release) so that the participants in the PP can convert at low prices and own more shares. Once they've got their cheap shares, release good news and drive the price back up.

You tell me, would you be willing to loan IPM $10 million at 5% interest in return for the right to buy their stock at a 25% premium to the then current market price?

No, Donald, something stinks here, and I am not afraid to admit I was fooled.