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Gold/Mining/Energy : Imperial Metals (IPM.T) -- Ignore unavailable to you. Want to Upgrade?

To: refugee investor who wrote (1233)	3/4/2013 1:21:13 PM
From: Italian Investor	Read Replies (1) \| Respond to of 1366

Penn West Mgt should be replaced IMO, regarding the dividend it should have been cut a long time ago or even eliminated. You know me I prefer share buybacks too dividends in my personal account so I want it eliminated. The little guy goes in @ a higher rate so dividends are good for him and why he owns it right now. It would stink if the wheels come off and they need capital and they have to cut assists loose @ below market prices or dilute current shareholders with an offering. I have not followed PWE closely enough to agree or disagree on if share price improves a lot if they would cut or not but if they are not cutting now it is hard seeing them cutting if the stock goes up. The way the globe is right now it should be a priority to become rock solid like a Fairfax or Berkshire not pleasing a bunch of loyal shareholders. We are talking a commodity business here so even more so they should get there financials in order before keeping an outdated promise alive.Speaking of dividends I hope BAC gets the handcuffs taken off to raise theirs and do some buybacks I believe the 7 or 14th of this month we will know.