Hi El Primero!

I think things are trending very quietly now but overall the lack of discussion on this forum is an indication that many of the retail shareholders are sold out and on the sidelines. To my mind the fundamentals for IPT have always been very good and continue to be attractive. I think IPT is going to recapture a lot of the lost share value while things are in this quiet mode, and then when the markets start to really wake up again, the stock will go on to set a new high.

I guess people can sit around in winter, and look at the thermometer, and wonder if the hot temperatures will ever return. In the mining sector that is analagous to the the share price drifting lower and wondering if a stock will ever return to favour. We know things run in cycles and the markets will heat up again. Good companies that stay with the business plan, continue to build value for shareholders, and maintain a viable balance sheet, will one day return to higher share values.

cheers!

mike