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


To: go4it who wrote (30796)3/3/1998 2:38:00 AM
From: BillyZoom  Read Replies (2) | Respond to of 35569
 
Chuck

"Speculative investment" are the operative words here. As speculative as this sector is, in the world of junior explorers IPM is years ahead of most of their peers. This is a junior explorer with a world class management and potential world class property that's trading at $.60. The short risk (a real problem in the resource sector)is all but gone and the stock is quietly under accumulation by strong hands. Looks to me like an easy ride to a buck for 35% with the trading shares and then an average down on the long term shares on the pull back.

Wish me luck!

Rob