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Gold/Mining/Energy : IMPACT Silver (IPT.V)

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To: Sleepman who wrote (137)12/1/2010 1:05:45 PM
From: zoo york1 Recommendation  Read Replies (1) of 182
 
Some people on my forum beleive that NIA has included IPT on its list of 7 recommended silver stocks. IPT seems to fit the clues that were issued, regarding a market cap of less than $70 million for a silver producer. I do not know if that is the reason but I have felt for a long time that IPT was deeply undervalued relative to its peers and that some kind of rapid increase in share price was warranted.

I am actually selling some stock into this rally. I own a large chunk in my PF and bought a bit more in the PP recently, but these impressive reccos tend to have a short shelf life and perhaps the stock will retrace somewhat before the next uptrend can really be supported. Longer term, with the extra cash in hand to fund another mine development, plus ongoing exploration work, I think the stock will trade far higher.

cheers!
mike
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