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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: WalterWhite who wrote (23000)	10/18/2006 11:11:45 AM
From: LoneClone	Read Replies (1) of 78419

I always seen IVN as part of my "long shot for the moon" basket within my portfolio. Hence for me it's a long term hold, as even with the pop it is still selling for less than 1% of the value of the metal in the ground at Oyu Tolgoi alone. If things eventually work out, which I think the demand for resources ensures will eventually happen, I can easily see $100/share at some point. As to whether it fits in your PF you'll have to decide that for yourself. Unfortunately for me I sold 40% of my position late in September to get some tax losses, figuring nothing would happen within a month and I could buy back. Hence I will be looking for a retracement precisely on Oct. 30th so I can buy back in and still claim my losses. Or if it continues to climb on this news, I might buy in even at higher prices if it looks like it is going to go higher still. LC

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