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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Michael Bidder who wrote (14951)	7/29/2003 4:41:21 AM
From: TheBusDriver	Respond to of 39344

<<Far from selling I would buy more at this point>> Hummmm.... <<I have weighed the odds and I am comfortable with them.>> Well your eyes are open and I wish you all the best. Ride her hard and put her up wet. The drills will tell the story in the end, good luck. I might join the party (again) but not right now. Wayne

To: Michael Bidder who wrote (14951)	7/29/2003 7:30:09 AM
From: LLCF	Respond to of 39344

<I'v been yipping about IMA for some time now Wayne and no one seems interested. The best I get is ... "ya ya I own a few shares too". > That's probably because everyone is too nice to say they bought there's at 1/2 the price at which you started yipping :) Hope you're right, and my fingers are crossed! DAK

To: Michael Bidder who wrote (14951)	7/29/2003 8:26:49 AM
From: que seria	Read Replies (1) \| Respond to of 39344

TA for some favored juniors... IMA (IMR.V) is loved by some, maligned by none. I still hold half my shares. However, it is at or next to the upper resistance line of a rising wedge--a bearish pattern foretelling that buying pressure will shortly be overcome by selling pressure: stockcharts.com[r,a]wbclyiay[pb25!b50!b100!b200!i!f][vc60][iub14!uk14!lc14!la12,26,9!lp14,3,3!lf14!lg14!ll14][j14895124,y]&listNum=17 IMA may not pull back much before news, especially if silver runs. However, for anyone with non-taxable gains this chart is shouting about position management. That is an art that admittedly varies with one's circumstances, but by its nature it cannot be judged in hindsight, based upon how things work out. Alternatives with better near-term TA include: SML.V, just broken out of resistance and now retesting: stockcharts.com[r,a]wbclyiay[pb25!b50!b100!b200!i!f][vc60][iub14!uk14!lc14!la12,26,9!lp14,3,3!lf14!lg14!ll14][J12136028,Y]&listNum=17 RFM.V, having broken up from ascending triangle, now at ~50% retrace from breakout point: stockcharts.com[r,a]dbclyiay[dd][pc13!b25!b50!b200!i!f][vc60][iub14!uk14!lc5!la12,26,9!lp14,3,3!lf14!lg14!ll14][J14892462,Y]&listNum=17 PEX.V, poised for breakout: stockcharts.com[r,a]dbclyiay[pc13!c26!b200!i!f][vc60][iub14!uk14!lc5!la12,26,9!lp14,3,3!lf!ll14][J14892049,Y]&listNum=17 I share the belief in IMA's prospects, and I often take a long term view with junior explorers. I'm just not willing to bet a meaningful percentage of my portfolio on a yet-to-be-drilled property, even with nice-looking anomalies.