Imperial Metals (IPM.T) Message Board

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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 (1074)	4/26/2012 3:52:23 AM
From: refugee investor	Read Replies (1) of 1366

Thanks for the post. Have been contemplating the oil sands stock some more. It would be a way of hedging my nat gas bets, because if nat gas stays much lower than oil they will do well. (Possible, depending on how shale works out. Even if it is uneconomic at current prices, it may be economic at $6-8, and thus put a permanent ceiling on nat gas prices. Seems like they are finding shale everywhere, Europe, Asia, Africa etc) But mostly I guess I think of it sort of like a bond, the way I think of Imp. Can Oil Sands will produce a certain amount of synthetic light crude for the next 40-80 years. The money I use to buy the shares will probably lose purchasing power in that time, and in real terms the commodity may appreciate. Not sure what happens to the stock prices of commodity cos shortly before they run out and close down, but I will be unlikely to live much more than 50 yrs anyway.

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