Forum Archive Index - January 2004

[dgib001@k.co.nz]

Cris,

Yes, thanks - took a reasonable position at the time you first mentioned the
stock!  Also took up full entitlement at the recent rights issue.

Got out recently - before the Hellyer metal announcement - am kicking myself, of
course, but still made a very tidy profit ;)

Thank you very much for the insight into this opportunity.

At current cash burn rate I'd suggest that there will be another rights issue to
fund the cashflow during the Hellyer project setup.  If the gold price holds up
(or Ivanhoe establishes a good hedge position) INL.ASX should finally get a
full scale commercial pilot for its hydrometallurgical process and reap some
well deserved rewards!

I still like the company - and there is probably still "value" even at $0.15!


Quoting Cristine Kerr <criskerr@optusnet.com.au>:

> David,
> 
> Hope you've been in on INL.
> 
> Regards,
> Cris
>   ----- Original Message ----- 
>   From: david.gibson 
>   To: sharechat@sharechat.co.nz 
>   Sent: Tuesday, October 07, 2003 10:32 AM
>   Subject: [sharechat] Congrats Chris on the ASX.IVN pick
> 
> 
>   Chris pointed out Ivanhoe Mines Ltd as a hot stock a little while ago. 
> Proved to be a winner of a recommendation.
> 
>   Is AUD$9.00 too exuberant?
> 
>   What is the assessment of the new WA tenements?
> 
>   Does Intec feature in short term plans?
> 



----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/