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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.940+1.0%Nov 7 9:30 AM EST

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To: Italian Investor who wrote (978)2/2/2012 1:18:25 PM
From: refugee investor  Read Replies (1) of 1366
 
That is smart. I think of cash as the necessary peace of mind that keeps you from folding when things look bad.

The market has been on a tear lately. I wonder when the next bad news from Europe will hit the fan? I have held of buying a few European dribs and drabs for my little account, back in the fall because I thought they would go even lower, and then later because I had missed the bottom. The plan now is to wait for the next crisis.

I read the Fairholme reports. Do you know what the deal is on those BAC warrants exactly? You have some too, don't you.

I think Imp made a new high, it is at least a 10x bagger by now and I am not sure I would have gotten around to buying it without your encouragement. Thanks a million!
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