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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.940+1.0%3:59 PM EST

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To: Italian Investor who wrote (1146)8/22/2012 2:11:56 AM
From: refugee investor  Read Replies (1) of 1366
 
No doubt, the macro outlook is bad.

I have been lazy keeping up with Imp news, but here are a few highlights: big news this year is going to be the funding plan for Red Chris, expected before the end of the year, but work there is underway. The resource there is better defined and on the books as being at least twice as big. They have been lucky with both of their producing properties, both have turned out to be bigger and longer-lived, and they are now producing gold from the formally dormant property in Nevada. There has been a stock split so nine is like the old 18. I guess there is more interest from Can banks than there was, three or four outfits recommend it. If there is a general slump I mean to get a little more.
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