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


To: d:oug who wrote (34562)1/15/1999 8:59:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 35569
 
Doug, <<do you agree with what Paunch>> Yes, it would take 100k MXAM shares to move the ask.

<<is it possible that they could enter in before the Bankrupty Court ok's Maxam's offer, and with a sweeter offer for the debt repayment, get IPM ? Yes that could happen, but I would then expect more trading in IPM stock which didn't occur yesterday. Secrets like that are impossible to keep. However another suitor is always a possibility.

IPM has good dirt, that information is from Dale Runyon.