And well he might hold onto IMP. He underated IMP's value by only investing $600 at .012. He blew it!
Imagine if he had taken a little more time to dig deeper in his research and see its real potential value.
With 150 gas wells in highly prospective Pennsylvania Cambria County ...with 20 out of 20 successful wells in previous drilling ...with over 130 other wells that have been obtained at rock bottom prices ...with natural gas prices soaring from around $7US to now $11+ ...with the sale of BMX shares tossing $12 million+ into IMP coffers ...with a $100 million line of credit from none other than Macquarie Bank ...and with the IMP cashed up and cash flow positive ...he really should have placed the bulk of his funds on IMP and left some of his other lower performing picks alone.
Heh heh!
Mr Muzz
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