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Gold/Mining/Energy : IMA Exploration (VSE:IMR) - IMR.V

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To: John Fairchild who wrote (447)4/27/2000 10:44:00 AM
From: C Bunka  Read Replies (1) of 520
 
Well said.

The biggest difference when comparing ARP to IMR is this: ARP has been there, done that. If IMR manages to get lucky and pull even one or two decent holes, I doubt it will go into a very steep "hibernation" during July and August.

Everyone remembers how ARP slunk down into the $0.40's during the summer before it went crazy. The potential here is obvious.

I don't personally own IMR because I can't afford it right now - all my money is tied up in other things. In fact, the skeptic in me almost wants to see this first drill program come up empty so that the stock softens a bit over the summer and allows me the chance to get it at lower levels.

The geology in these holes will be nearly as important as the assays - let's see if it really is similar to Pascua or Veladero.
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