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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who started this subject	9/8/2003 10:06:56 PM
From: Julius Wong	of 1992

There's Gold, Copper in Them Thar Hills VANCOUVER, British Columbia (Reuters) - Shares in Ivanhoe Mines Ltd. (Toronto:IVN.TO - News) climbed more than 10 percent on Monday morning after the Toronto-listed miner revealed its most detailed plans to date for its potentially super-rich copper-gold deposit in Mongolia. Chairman Robert Friedland said in a statement that Ivanhoe would keep a majority stake in the Turquoise Hill deposit, a drill-stage project on the border of copper-hungry China, but might sell an interest to another mining company or Asian state-owned firm. An analyst said institutional investors could no longer ignore Ivanhoe, given its increasing market capitalization and growing, albeit early stage, estimates for gold and copper resources at the project. biz.yahoo.com

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