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

To: Pluvia who wrote (120)	11/11/2003 7:59:29 PM
From: TheSlowLane	Read Replies (1) \| Respond to of 271

Gosh, I sure hope that was one of the reports from MarketWatch. I mean, you aren't distributing copyrighted-protected material on the Internet are you? Maybe Calandra should sue you.

To: Pluvia who wrote (120)	11/11/2003 8:18:19 PM
From: Pluvia	Respond to of 271

Calandra - Fool or Illegal Activity? Here's what Thom Calandra said in his Calandra Report Yesterday (Mon Nov 10): "Sometime in May, I asked you all to take the Ivanhoe Energy (IVAN) challenge, when the shares traded at 90 cents. Now that they sell for $6 or more, I say again: The stock, based on anticipated cash flow the next two years from oil wells in China, California, Texas, and now Wyoming, is trading at about fair value. But what will propel this stock to $10 in short order, and then to $15 on Nasdaq, will be further developments in CEO Leon Daniel's efforts to improve production at southern Iraq oil fields." 1. IVAN Cash Flow is approx 2.4mm per quarter from two producing properties - 7ish wells in China and 30ish wells in a low margin/low producing field in California. 2. To attain cash flow in China, Texas, (currently they've drilled 3 (dry?) non-productive wells) California and Wyoming they need to: ~RAISE MONEY FOR EXPLORATION ~EXPLORE/DRILL HOLES, GET LUCKY, HIT OIL/GAS, FINISH WELLS There is no guarantee any exploration they do will be a success. Wildcat exploration is VERY risky and rarely successful... The Wyoming property has a higher degree of likley success, but drilling wells to get 12-20bbl/day is risky, low margin business... Same with IVAN's producing Cali oil property... And neither Wyo or Ca have the potential to provide a cash flow that would justify a BILLION DOLLAR MARKET CAP... So, how can Calandra say IVAN's BILLION DOLLAR MARKET CAP justifies it's current price? Either he has no idea what "cash flow" means, and he just used a word he heard on CNBC to make himself sound smart, or he's making statements he knows are false to manipulate the price of IVAN higher.... Comments? This post has been forwarded to CBS Marketwatch Legal Counsel Doug Appleton

To: Pluvia who wrote (120)	11/11/2003 11:51:24 PM
From: Proud Deplorable	Respond to of 271

The main fault I see with this plan is their program for Iraq. I didn't know that they were dependent upon events unfolding positively in Iraq for any move above this current level. I'm sorry to say I wish them to fail because I am against the occupation of Iraq by terrorists from the Bush Regime and so must sell this soon ( my last 1,000 shares ) at even or better just on principals. I'll likely trade them in for IVN if it drops much further. The rest of your post I find unnecessary and boring and meaningless. Of course TC flew Air Friedland....this is not news. TC is a poor man who must bag his own lunch and borrow razors to shave with. Didn't you know this ? You're wasting your time trying to destroy the new bull market in PM stocks. Think about what you are selfishly doing and the domino effect it will have on other players around the world or do you hate the industry so much that you only care about making a name for yourself? You mean you didn't know that this industry is rife with liars ? Maybe even you are one LOL. I suggest you just stop the moralizations and get with the real world. STRESS IS RESISTING WHAT IS.