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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 (472)6/10/2010 8:57:19 AM
From: refugee investor  Read Replies (1) of 1366
 
That's tough. I understand how you must feel.

FWIW I think it is impossible to know how the BP thing will work out. After placing your bet you may be better off not thinking about it for a while--6 months maybe!

Simmons may be a nut, or may be about some things. Obama and co will try to run over everything like they did with the banks. Still I suspect BP will survive. I read somewhere that 10% of British dividends in the footsie come from BP. Their gov will probably step up to the plate sooner or later before it gets too bad.

That said, I did not buy any, mostly for other reasons, although I would have done, and been too early too.
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