Thank you. I haven't made it yet, but the lost opportunity in the medium term is what is tempting to get out of INP. I wouldn't certainly consider returning to INP if i do get out.
the issue with INP is that they haven't been able to adhere to their promises of production, now there are delays because of flooding etc etc.
They have yet to prove the producability of their Flax and Juniper fields, and an independent revised resource estimate will most likely not be available until after they prove up both fields which will not happen until Q4 2008.
It's unfortunate, but these issues plaque many upcoming producers struggling to get their projects off the ground. Sure it may turn around quickly, but i don't think that will happen soon.
Will just have to wait and see.
INP Price at posting:
0.0¢ Sentiment: None Disclosure: Held
