Imperial Metals (IPM.T) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

IPM 1.880

+1.6%

3:57 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: refugee investor who wrote (587)	8/13/2010 11:35:45 PM
From: not_prudent	Read Replies (1) of 1366

I would think that the $780 million is for their interest in its share of the 9mm oz of gold. If you figure 88% of 9mm X ~ $100/oz in the ground for the Au then $780mm is a ballpark number. I guess they figure that Au has topped out and copper isn't worth anything. Given the numbers, $15 and change has me thinking that this thing is something of a bird's nest on the ground or there is something wrong that no one has figured out. Is management buying at these levels? Seems like a no brainer if there are no surprises waiting in the wings.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next