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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.880+0.5%Nov 14 9:30 AM EST

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To: Italian Investor who wrote (434)5/28/2010 11:52:46 AM
From: refugee investor  Read Replies (1) of 1366
 
A great idea as long as you don't mind the doghouse for a (I hope short) while. They are really cheap.

VT seems cheap too. I looked at it once when it was about $12. Got the idea that they make money from increased grain volume, not necessarily increased grain price--although vol. should follow price after an interval. Got the idea that it was a terrible, terrible business and stock for years.

Did you get fed-up with LUK and sell, or do you still have some? The new Aus. mining tax took the wind out of the sails.
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