Imperial Metals (IPM.T) Message Board

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Gold/Mining/Energy : Imperial Metals (IPM.T)

IPM 1.890

+0.5%

Nov 17 3:59 PM EST

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To: Italian Investor who wrote (268)	3/25/2010 2:55:14 AM
From: refugee investor	of 1366

Magellan looks interesting, and on the face of it very cheap. Do you know why they lost money for several years? Think I will do some reading--any Edwards co deserves that much. I think the agriculture play is long-term. I sold out and took a loss on my RJA in March 09 and bought PWE (a bit too soon) but it worked out since RJA is flat and PWE nicely up. I must say, RJA did not go down as far as most things, and it is probably cheap, but this year it has been very dull. No idea about sugar--in fact I had no idea it was so expensive. Several yeas ago after reading Jim Roger's new book I thought about buying some, but there were not any ETFs and it was too much trouble to open a commodity account and the brokers I spoke to pushed leverage and did not seem reliable. Sugar was about 9 cents then.

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