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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 (475)6/10/2010 12:24:28 PM
From: refugee investor  Read Replies (1) of 1366
 
Snippet from Jim Rogers about BP, not very useful

"You should become a farmer, you should become a miner, go into the production of real goods," Rogers said.

The price of oil is likely to rise further because, following the Gulf of Mexico oil spill, there will be more restrictions on offshore drilling in the US and maybe elsewhere, he said.

BP [BP-LN 365.50 -26.05 (-6.65%)] is on Rogers' radar screen but he is not buying it yet and he does not have a price target where it would be a good buy. "I wouldn't judge it on price, I would judge it on time," he said.

If there is a slowdown in the US and in the euro zone, it is also going to affect China, he predicted.
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