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


To: Zeev Hed who wrote (30878)3/5/1998 8:50:00 PM
From: BillyZoom  Respond to of 35569
 
Baby steps Zeev. Just ask the founders of Barrick. First you figure out what you got, then how to best get at it. Then if its feasible, whether to go for it based on the market at that time. For some reason most here are playing this stock with the urgency of the high technology sector. This is mining folks, not the horse race of the tech companies. If someone comes along with a better resource it will not put IPM out of business. If someone releases a better product they won't have to ramp up R&D to stay in the game. This is mining with all its quirks. The time and share dilution this site is going to take to develop is inevitable. Todays mineral market has no bearing at all on the true value in the long term. Where's the price of gold going to be in 2 years? I think up. You may think down? Its all conjecture anyway. Time is truly our ally here and when the time is right this could be one high flying company. With these gold prices its just as well that IPM is years away from the mine stage.