The only things CERTAIN in life are: Death, Taxes, and theusage of Gas/Oil accelerating. China is already buil WORLDwide ding wide multi-lane highways between every Houston size city that it builds. China brings up a HOUSTON size city every month. GAS/OIL is not just needed for mobile autos..but in fact.. its carbon moleculars is used in all types of products for civilization.. like plastic, etc, etc This is a HUGE feed requirement for the growing Asia, India, and the NEW third WORLD.
China needs Robert Friedland's enormous GOLD and Copper productions. If you do your research..RF is also sitting on a World Class, very high quality, Coal deposit as well.
Ivanhoe Energy has the master license for Syntroleum technology. Like in G-T-L Gas-to-liquid, C-T-L Coal-to-liquid.
China has huge oil fields that are now aging... Heavy Oil. So China needs RF Ivanhoe Energy's Ensyn RTP, HTL as well.
RF knows all the CHINA big boys by their first name.
In China..business is done by "You rub my back..I rub your back" RF's friend...CITIC..150Billion$ China entity... looks closely at RF's Gold, Copper, Coal, and Ivanhoe-Ensyn-RTP. CITIC has been accumulating IVAN stock... in the Chinese way.
IVAN warrants careful DD analysis. |