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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Elizabeth Andrews who wrote (22621)10/22/2003 1:35:31 AM
From: chummer  Respond to of 39344
 
" IVN is begging for a correction as it is out of steam and I'm going to make some cash on my short. It should have had big volume today but did not. "

You said you shorted it a dollar ago...nice call!



To: Elizabeth Andrews who wrote (22621)10/22/2003 3:31:27 AM
From: Michael Bidder  Read Replies (2) | Respond to of 39344
 
Liz,

Ivanhoe will make a mine of it. China, Mongolia, etc. are all "creating empire". I traveled in China in 96 and I watch Chinese TV every Lunch hour in Chinatown.

Whats my point? Spaceships and Industry. China wants money and power, and so do 1+ billion workers. Everyone is smelling success. Like post war Japan or Germany. Watchout, I think there is a reason for the bloated stock price.

You may be covering your short higher than this.



To: Elizabeth Andrews who wrote (22621)10/22/2003 9:38:32 AM
From: Claude Cormier  Respond to of 39344
 
<VB but the economic value will be much lower no matter what the respective governments do. >

I don't know how you can conlcude that. TH could end up with 2 or 3 mines and producing more than VB. Beside Total economic value is different than IRR. I was suggesting a higher IRR, but at this point in time I can't say about total value. We will find out.

Good luck with the short. I have it on a sell or hold at best (for now). So your short may work.