yep, saw that announcement. Obviously the area is in play, and...

yep, saw that announcement. Obviously the area is in play, and obviously that transaction sets the values very high in the region.

Has IMP gotten in at just the right time?. The good thing is they have used debt to finance it, so this magnifies gains for shareholders when prices are rising.

Of course today's rally can always be explained by the end of the bells shortfall overhang and some nice technical buy signals.