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Strategies & Market Trends : Ride the Tiger with CD

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To: Metacomet who wrote (173602)	8/29/2009 9:13:05 AM
From: LoneClone	Read Replies (1) of 313053

Between the JV and out and out share ownership, IVN already owns and/or controls most of Shivee Tolgoi, so I agree ETG will be taken out altogther or will be bought out of the JV once they get the politics straightened out, which just may happen in the near future. But I am also very impressed with IVN's Australian properties, particularly the Merlin indium/moly property. It looks like they have the makings of a number of mines in Cloncurry. The tricky part is figuing out what will happen when RTP gets the entire set of deposits, which I think will happen in due course. If I wasn't already in IVN, I might pick ETG instead with the idea of transferring the monies over to IVN once ETG gets bought out of Shivee Tolgoi, but since I am already invested in IVN, that's where I am keeping my money for now. LC

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