Hi RmarhungI believe at this time in this market there are some...

Hi Rmarhung

I believe at this time in this market there are some shares (even though some holding IMP past and present will disagree) that to some extent will be resistant to a downturn. First IMP atm IMO is undervalued, it is resistant to excessive corrections in the supply of Natural Gas to the Pennsylvanian grid, prices go up in cold winters and the same applies in hot summers so we average the price. Also 2 expected announcements will be out very soon with regard to the gas price contract and the second lot of 5 wells. Further drilling is expected later this month with about 100 wells expected in total and a 95% success rate.

If you could predict while drilling a 95% success rate on commercial wells in a CO with a low cap and only into the first 10%. This share should be the last to sell IMO.

Some people have/want to sell for various reasons even though some may not want to atm.

The trading in IMP is of very low volume as I would expect and the smart ones are snapping it up.

Cheers

Xan

IMHO
DYOR