Imperial Metals (IPM.T) Message Board

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

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To: teevee who wrote (563)	8/7/2010 9:41:15 AM
From: refugee investor	Read Replies (1) of 1366

About the sell-off in Imp, I read a manager's letter recently that may be pertinent: "We have commented in earlier letters that individual stock price movements seem to be driven more by market forces than by the underlying fundamentals of company operations. Recent research from Biryinyi Associates confirms this: It shows the tendency of stocks to move in the same direction as the S&P index is at the highest level since 1987." Do you find it useful to compare Imp to another company, or Red Chris to another mine? I think Imp is a little odd because it is bigger than a lot of the juniors which have no production, but smaller than the big co.s

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