Bob, Larry, Lew, Alan: good discussion, such a great change from the past several days of Waldo's nonsense and Findley's repetition.
IMO, I think you all make good points - nice to see them discussed properly. I must thank Lew for his last post, whether I agree or not doesn't matter much (although I do agree with almost all of it), but of course most importantly, I think we all have to find our own individual comfort levels with this stock as Lew states ...
Personally, I score IPM's PR record at 8 out of 10 - hence I wouldn't agree with Bob J that their record is "dismal". This score is based on simple experience - I have owned over 100 Juniors in my day, and only a handful have been as forthcoming with 'news' as IPM. (Ask Charles B. about Adex Mining, this has to be one of the worst ever for info).
Personally, I am becoming more bullish on IPM by the day. However, I also recognize that there is still risk, hence I am not adding any more to my (already large) long position. I have determined my own comfort level, perhaps we each also need to evaluate our personal 'greed' level - its' great to think of what we may make on this one, but I spend an equal amount of time considering what I may lose.
MHO,
Paul Nicholson |
