It's funny in a weird sort of way since I bought IMP on the 22/03/06 at .011 it has risen 100%. I haven't sold 1 share neither has Management that I know of.
I have seen people bagging IMP from that point onward from time to time. The point is when it rises another 100% baggers will come into this thread b®agging about it's not worth 10c and so on so forth with 50 wells online.
Fact:- They have been drilling the basin in the USA with 95% success rate for 100 years. Companies have made millions out of it. Nowdays with better equipment and technology they can identify and drill with almost 100% accuracy. Hay this is not rocket science. THERE is no downside here. How much?? Who knows in 2 years but you won’t loose and the non holding baggers will still be there.
In a recession energy will romp on. You still have to cook, A/C, Heating etc, basic need's of humans.
Cheers.
Xan
IMP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held