Imperial Metals (IPM.T) Message Board

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

IPM 1.960

+1.6%

Nov 5 3:45 PM EST

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To: Italian Investor who wrote (1232)	3/4/2013 12:54:20 PM
From: refugee investor	Read Replies (1) of 1366

A year ago Penn West was trading at twice the price--and management were still complaining about being undervalued. I don't think the business has changed much. Management is under pressure from the board which may help. Don't count on the dividend staying around for ever. They have a weird policy, as long as things are not going well, they will continue to reward the loyal shareholders, but if things improve a lot (stock goes up?) they may cut. Also if the wheels come off they will cut it. I think gold is like energy, all are down, big and small,

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