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

To: ddl who wrote (32461)	5/29/1998 9:51:00 PM
From: d:oug	Read Replies (1) \| Respond to of 35569

Denis, Its possible that the CDN people are reacting to the article in the current Business Week magazine on the rack now. In the Finance section is an article criticizing the market police in Canada for not protecting the investors against scams. This article mentioned the Bre-X scandal as a warning that they did not do a good job in the detection and prevention of crime in the past. Now, the YBM scam has happen after Bre-X. So, maby last week when the CDN saw this new scam as being proven enough to make a big national magazine, they decided to protect themselves by "distancing" themselves from all troubled companies that could possibly be scams. If this is true, then trading was halted on IPMC not because we are a scam or near-scam, but because the police are not able to decide who or what to believe, about IPM. I forget who on this thread said "... use this as an opportunity to collect cheap shares...". I'am not saying he will agree that its applicable now, but for me it is. The dirt has precious metals, and a method of extraction will be successfully applied. So, eventually the Black Rock dirt will be turned into a money making source. And even if IPM is brought out or changes its name or something, a share of ipmcf at .10 or less, in my option, is a sound investment. If the current climate lets the share price fluctuate between .01 and .10, let the maket movers play the games they do to buy low and sell high. Let one sell at .05, to rebuy at .01. A big percentage move, liken it to 5 and 1 or 50 and 10. But when they sell at .05, I will buy and hold hold hold. If the ZBM has a thread, it should make for some interesting reading. Doug