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


To: Matt C. Austin who wrote (30742)2/28/1998 9:12:00 PM
From: Matt C. Austin  Read Replies (3) | Respond to of 35569
 
This note is from C L:
-----------------------------------------
I don't read this thread anymore as it's become near useless for intelligent discussion. Some friends keep me up to speed on what's going on tho, so I'm going to make a few comments.

First of all anyone that tells you that IPM is going out of business or bankrupt is a bald faced liar and anybody that believes it isn't very bright. This co. has almost 5 years into this project and we are about 6 weeks away from a resource definition. Whether you know it or not, we are light years ahead of the rest of the desert dirt companies. I talked to the lab people on Friday, the same 3 people are there toiling away and Bateman is working on the resource definition. The ONLY thing that has changed is the public's perception and as usual they have everything backwards.

If you're a baby and can't take the consequences for your own actions in buying a mining stock, then you're welcome to blame it on me. I couldn't care less what you think of me. I bought a computer because I thought I wanted to communicate with people about the stock market. Little did I know that I was going to get involved with a bunch of brainless people that never get a grip on what's going on. The public sold the stock and the funds maintained their position. I hope to Christ that buy all the rest of it from you, so we can hear the end of the whining and ignorant comments.

I still have my 3 stocks (IPM, MG, NCMI) and if you push the price of IPM down to 3/8 ths -- I'll add another 10K shares.

C L



To: Matt C. Austin who wrote (30742)3/1/1998 8:53:00 AM
From: Zeev Hed  Read Replies (4) | Respond to of 35569
 
Matt, whomever this gentleman is, he did OK for himself being short. We certainly cannot blame the shorts for IPM's decline, they simply analyzed the situation better than the longs and did what short are supposed to do, sell over priced stock. While I did not particularly care for the nature of their posts in the last year, they were no more negative than the positivity of the longs.

By the way, I had a long telephone conversation with a person interested in the DD last night, and he was telling me that both Doyle and Furlong are back in Australia ("flew the scoop"?), and he was telling me that this is for "good". Can anyone confirm or deny this?

Zeev



To: Matt C. Austin who wrote (30742)3/1/1998 11:38:00 AM
From: go4it  Respond to of 35569
 
Matt,

FWIW I really hate to see the nice guys like Chuck Bankes getting hurt too!!!