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


To: Larry Brubaker who wrote (31322)3/31/1998 8:35:00 AM
From: mark silvers  Respond to of 35569
 
Larry,

I think that was Jay Taylor's call to sell Naxos and buy IPM. I'm not sure if Ron made that too, or not. (I do know that it wasnt me that made it:-) )

Mark



To: Larry Brubaker who wrote (31322)4/3/1998 3:35:00 PM
From: Ron Struthers  Read Replies (3) | Respond to of 35569
 
<<Aren't you forgetting the other half of that recommendation? Didn't you also suggest that those taking their Naxos profits at $7 invest them in IPM at $5+>>

Larry, I suggested profits in Naxos more than once, have never believed in the chance of a mine being developed at Death Valley.

It is no secret, that I recommended IPM and it is down. Grab yourself another handful of salt and keep rubbing<g>

It is the nature of speculating in junior exploration. They are very risky and can swing wildly both up and down. It is easy to focus on one time frame, on a particular stock in hindsight. You have to invest into several juniors to diversify and take profits on the way up

Lets focus on the fact that IPM went to $14 from my $4+ buy price or that I suggested selling all of both CHIP and MAXM for big profits. I like that much better <g>

I believe some big money could be made again from current levelsin IPM and averaged down the RSA buy price from 4+.

We are also back into MXAM that is doing alright. CHIP looks cheap also

Lets wait and see what 1998 brings with rising gold instead of falling

Ron