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Gold/Mining/Energy : Ivanhoe Energy Inc - (IE) -- Ignore unavailable to you. Want to Upgrade?

To: SAM-DAN who wrote (24)	7/9/2000 12:02:56 AM
From: canuck-l-head	Respond to of 33

SAM-DAM: I sold my position on a profit just after IE was "promoted" to the TSE 300. I was "long" enough, having bought in back in August and September of '99. I will watch for another opportunity to buy in when the excitement dies down a bit. The institutionals have bought their fill, so the active traders are going to make the plays for the next while until some big news comes out. I think there will be many opportunities to buy and sell this stock in the coming year or two. Translation: I think this is a good stock. I am learning that patience is a great virtue, both when buying AND when selling. With the Middle East telling us they are going to increase production because the price of oil is too high, I figure that oil-related commodities are going to lose a bit of their appeal on the short term.