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


To: Richard Mazzarella who wrote (32386)5/24/1998 11:45:00 AM
From: Larry Brubaker  Read Replies (2) | Respond to of 35569
 
Richard: I've got to disagree with you on this exchange. To suggest that CL was an innocent victim of IPM management is just plain wrong, IMO. I think CL was a knowing participant in what he was doing.

Why do I say this? Because CL would not only act like he was knowledgeable of the status of the company, but also claimed to know when the "big boys" were buying and would drive the stock up to X value by Y date. Prior to last year's AGM, I remember CL stating (not speculating, but stating as if a fact, based on his discussion with MM's) that the funds were going to push the price to $12 at the AGM (remember Christmas at the AGM?)

That was not just the company blowing smoke up his butt. That was CL blowing smoke up this thread's butt. Innocent victim? I don't see it.

However, I don't blame people posting on this thread for having lost money. I blame IPM for putting out BS PR (for which they got delisted) and myself for believing it.