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Gold/Mining/Energy : IVAN - Ivanhoe Energy -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (103)11/11/2003 1:08:15 PM
From: Pluvia  Read Replies (2) | Respond to of 271
 
**IVAN RESEARCH REPORT PART 2**

Libertyville, USA -- Nov 11, Pluvia Securities Research Continues Coverage of IVANHOE ENERGY (Nasdaq SC:IVAN), at the current price, with a STRONG SELL/SHORTSELL Recommendation and a target price of under $1.00

**PART TWO OF THIS REPORT IS DUE TODAY TUESDAY NOV 11**


OUR SELL RECOMMENDATION AND $1.00 PRICE TARGET ARE BASED ON:

1. False, and what appear to be intentionally misleading press releases issued by Ivanhoe regarding their business prospects and relationships;

2. A history of misleading and untrue statements made by certain members of Ivanhoe management;

3. The significant number of new shares issued and saleable by Ivanhoe, that if sold could negatively impact IVAN stock price;

4. Ivanhoe’s failure to file reports with the SEC disclosing significant events;

5. Ivanhoe's disturbing and potentially problematic relationship with stock promoters.

Pluvia Securities Research, their agents, associates and or employees have investment positions consistent with the above-stated investment opinion. All comments are the EXPRESS opinion of the Author(s) - All rights reserved.

CONTACT:
Pluvia Securities Research