3rd gas well this week, page-8

Hello Cutsoduro.
Thanks for that info' about the Speculator spending $1,820.

If you check this link below, it appears to me that he bought 50,000 on 10 March 2008, at 0.012 and that equals only $600 according to my amateurish mathematics.

I am wondering where you got the figure of $1,820?

http://money.ninemsn.com.au/article.aspx?sectionid=2338&subsectionid=79751&id=569752

I agree with you that it was a piddling sum of money invested in IMP, given the fundamentals and excellent positioning of this company by its very experienced management.

It's going very nicely in a growing Natural Gas market (the darling doyen of greenies in the USA at present), where prices have risen 70% in the last few months for Natural gas in the USA ...AND ...think about it ...this is the start of Summer in the northern hemisphere.

So, what are Natural Gas prices going to be at the start of the Fall and Winter seasons in Pennsylvania, into the North eastern grid that IMP feeds its 140+ Natural gas wells??? Even more exorbitant, would be an educated guess!

Many people are getting excited about the high percentage levels of successful gas wells by IMP ...but when you also consider the 70% extra windfall profits now being made by North Eastern USA producers of Natural Gas, such as IMP, then it is shaping up nicely to heighten its company capitalisation this year ...towards that $200 million achievable goal.

Warm regards,
Mr Muzz