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6 pts

Opinion on  Ivanhoe Mines Ltd (IVN)     Sector: Basic Materials  >  Industry: Metal Mining
IVN a shoot in the dark

Oct 28, 2008 07:28 PM GMT
Jpeg_sun4agk
Return Risk
+13.24% HIGH
Sr. Associate

Considering the current sell off in the market IVN is at one of those rare moments in time to cash in on a great investment.

 Ivanhoe Mines, Ltd., together with its subsidiaries, operates as a mineral exploration and development company. The company holds interests in and conducting operations on mineral resource properties principally located in Central Asia and Australia, including the Oyu Tolgoi copper-gold project and Ovoot Tolgoi coal project located in Mongolia; and Bakyrchik gold project in Kazakhstan, as well as owns copper-gold and uranium mining and exploration leases in Queensland, Australia. It also holds interests in the Tsagaan Tolgoi project in south-central Mongolia comprising coal resources of 36.4 million tonnes; and the Cloncurry project in northwestern Queensland, Australia. The company was founded in 1994. It was formerly known Indochina Goldfields, Ltd. and changed its name to Ivanhoe Mines, Ltd. in 1999. Ivanhoe Mines, Ltd. is headquartered in Vancouver, Canada.


IVN:  This call was made on 10/28/08 @ $1.76
Rating:   Positive   $1.76 (10/28/08)
Gain/Loss:   +589.20% in 403 days
Target:   $6.00 (+240.91%) in > one year


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