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Re: xlr-v post# 111

Thursday, 02/20/2014 6:49:42 PM

Thursday, February 20, 2014 6:49:42 PM

Post# of 203
I have owned shares in IPT for many years. I buy when it gets below $1, lower if possible, and sell near $2.

The share count is low and management is parsimonious, so it's pretty well about the PoS. If they were willing to play the brokerage game they could get lots of money and expand both the share count and production -- there are thousands of old mines on their properties -- but that's not their style.

LC