IVAN - Ivanhoe Energy Message Board

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Gold/Mining/Energy : IVAN - Ivanhoe Energy

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To: Bradpalm1 who wrote (77)	11/10/2003 10:22:49 PM
From: Pluvia	Read Replies (1) of 271

several points re gtl: 1. Shell's process is different than IVAN's "licensed" GTL process, and Shell's GTL plant is the FIRST and only commercial GTL plant in operation. 2. You'll notice Shell brings 6 billion for the project. And, while friedland is an amazing used car salesman, able to sell innocent investors stock by making them believe in underground riches, selling GTL to engineers who know he's FOS is not so easy... particularly when he has no money to bring to the table and he's peddling someone else’s licensed GTL process that's NEVER been commercially implemented. the Shell GTL deal drives home the fact that IVAN has never had a real shot of selling GTL. They lack the expertise, the engineering and the money. But that won't stop toxic bob friedland and co from using GTL as a shiny "promotion" to sell innocent investors stock...

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