Imperial Resources Inc IPRC

Monster opportunity

[stargazer1]

I sold some of my other stocks and used the money over the last two days to buy more shares of IPRC at .035 The volume has been going gangbusters the past few days and the price has been holding up. Yesterday for a short while it reached .06 IPRC doesn't give out press releases or even its quarterly report until it feels that it has its information in order. I've noticed that its press releases are always better than what was expected. But afterwards the stock price falls. Its last quarterly report wasn't very informative, nothing about our operating disposal well or its cash flow. That could have spooked people and made them think that something wasn't right. The next quarterly report, which may come out soon, may still not say anything, or, on the other hand, it may be very informative. The last press release said that traffic volume to the disposal well site was picking up and that the amount of skimmed oil was increasing better than had been expected. So the new quarterly report may show that we now have a positive cash flow and it may even say that we are bringing down our debt load. It might even indicate that the company is now ready to start working on our other properties. With volume now going into the hundreds of thousands and prices bouncing up to .045 and even .06 I decided that with the price at .035 for a company with a solid cash flow and major properties ready to be developed, it be STUPIDITY in capital letters not to by more at these prices. Just sorry that I didn't have more money available. However, some of the volume in the last two days was mine as I was able to buy 50,000 shares at .035 to once again double my holdings and I now have 100,000 shares. Probably a lot of people have more than that, but if the company develops its other properties and starts getting producing wells, in addition to its cash flow from its disposal well, our price could go back to the dollar range, or even higher, and then we will be talking about real money.

                                                                                                                                                                                 Our last quarterly report was 28 Feb 2013, the next one due was 28 May, which is already past. It takes awhile before it is actually submitted, but it could be any time now. That may be why we have been having the big volumes. People either speculating that it will be a positive report, or people in the know buying ahead of its posting. I've spent the last several weeks looking at a bunch of different stocks and ended up deciding that this was the best of the bunch. It might be a good idea to consider buying more shares at these prices.