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Non-Tech : Thom Calandra, CBS Marketwatch and IVAN - Exposing the TRUTH -- Ignore unavailable to you. Want to Upgrade?


To: jrhana who wrote (39)11/10/2003 2:12:07 PM
From: Wolff  Read Replies (1) | Respond to of 167
 
jrhana, I read Forbes, see their remarks first.
biz.yahoo.com

Forbes Magazine
Helping Hands
Thursday November 6, 6:34 pm ET
By Nathan Vardi

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Robert Friedland has developed quite the fan club. Of the 11 research analysts following Ivanhoe Mines, 9 rate the stock a "buy" or "speculative buy," according to Bloomberg, a surprising endorsement for a stock trading at 27 times revenue and whose chief potential payoff--a speculative big strike in Mongolia--is years away.


Friedland issues a steady stream of press releases trumpeting ever more impressive results. That information is studied closely by those who follow the stock. "And the hits keep coming," HSBC analyst Tony Lesiak titled his Sept. 22 report on Ivanhoe Mines, which he rates a "buy." "Great results!" exclaimed CIBC analyst Jack Jones in a September conference call, rating the stock a "sector outperformer."

No one applauds louder than Thom Calandra, a columnist at CBS MarketWatch, a business-news Web site, where he writes a column and pitches his newsletter. Calandra has plugged Ivanhoe Mines in numerous columns and has gone on Ivanhoe-bankrolled trips to Mongolia, Beijing and London. He freely admits that he is "a large holder" of stock in Friedland's Ivanhoe Energy and has recommended both Ivanhoe Mines and Ivanhoe Energy in his newsletter. (He has also shilled for Ivanhoe Energy on CBS MarketWatch's weekend network-TV broadcast.) His enthusiasm has been credited by various news wires with moving the stocks higher. "Ivanhoe Energy Inc. shares rocketed 69% yesterday," wrote Toronto's Globe and Mail recently, "after a recommendation by CBS MarketWatch's chief commentator over the weekend."

Calandra has disclosed the junkets and his Ivanhoe Energy shares in his column and newsletter--and sees no problem with his close involvement with Friedland & Co. "I especially have a very, very strong commitment to making money--making lots of money--for my audience," he says.

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To: jrhana who wrote (39)11/10/2003 7:25:47 PM
From: marcos  Respond to of 167
 
Calandra is the tall poppy du jour, that is maybe why .... what a following the man has, just look at those charts go when he does a rec ..... some of them not bad picks imho, or he and i share the same rotten taste, because i've played considerable Candente, fair bit of Radius, a little Almaden, they're all decent chances, reasonably honest and competent efforts by pros .... couple of others too, can't recall which .... oh, ivn.to for one .. Vet makes the most crucial point on that one here - #reply-19487083 .... and EC mentions the infrastructure issue - #reply-19486388 .... but then look at the resource estimate ivn put out today, yeesh .... so i dunno, hard to say who will in the end be hero and who shitheel .... if somebody had promoted Arequipa under 2.00 to me i'd be forever grateful [oh wait, somebody did-g-] ..... cheers