News of reverse split and delisting and then....poof! A cat out of the hat! Been watching IVAN for over 10 years and I've seen it many times before. What came out of China? Sold.Nothing. Oil sands? Nothing. Remember Iraq??? Nothing. US interests? Sold. Strategic partner talks they've been having for 15 years??? Nothing. Squat.
I didn't read where there new partner is going to put up 1 billion to build a full scale HTL.
More smoke and mirrors....
You heard it here, again and again and again!
IVAN has always been a company on the verge of collapse. Then, a press release comes out intentionally to boost stock price. Yes, this is planned. Here is examples.
Spending on GTL projects for the three and nine month periods ended September 30, 2002 was $0.3 million and $1.7 million, respectively, a decrease of $0.6 million and $1.1 million, respectively, over the amounts spent during the comparable periods in 2001. These decreases are due to the completion of technical and commercial feasibility studies for both the Qatar and Egypt projects.
Negotiations in Qatar for an agreement to build a 185,000 barrels per day GTL plant and 118,000 barrels per day natural gas liquids (NGL) plant.
VANCOUVER, CANADA - Ivanhoe Energy Inc. (NASDAQ: IVAN and TSX: IE, IE.U) and Derek Oil & Gas Corporation have agreed to expand the enhanced oil recovery pilot program at the LAK Ranch field in Weston County, Wyoming.
Ivanhoe Energy is a leader in the application of technologically innovative methods designed to significantly improve the company's reserve base and production, including the upgrading of heavy oil to light oil, state-of-the-art drilling techniques, enhanced oil recovery (EOR) and the conversion of natural gas to liquids (GTL).
Some leader when they did nothing at all in GTL. By the way, what happened to all these jobs and contracts?
What happened to IVAN's GTL leadership?
Why is the current stock price 68 cents?
Why did IVAN sell off China?
Why did IVAN sell off all US assets?
Why didn't anyone buy or lease HTL?
Why is IVAN management paid outrageous salaries and bonuses?
Why has this company done nothing since 1995?
Why had IVAN never turned a profit?
Why is IVAN always losing money each quarter?
I could go on and on. IVAN is the worst company in the history of making promises that never come to pass?
It's been a long way but they finally decided to go HTL and that's why they sold stuff! It also took lots of efforts and time to protect the know how. Now suddenly they seem to be ready for the near term!!! I think the new partner is very credible. I'm astonished about the strength of the shorts as this new IVAN should be rocketing now above 1 and far beyond.
Sentiment: Strong Buy
Zooloo, why don't you simply post under your own ID?
You are like Bahgdad Bob - the news and position of this company could not be stronger, up 11% today alone and you still stang on to your fantasy of IVAN going out of business.
I do post under my ID. You don't. This little SCAM to force their stock up is no different than the countless other BS PR's this company has produced over the years. A 68 cent company on the ropes and must do everything possible to stop from being delisted. You are the joke!!!!
Sentiment: Strong Sell
Couldn't be stronger? Umm, how much $$ do they lose every quarter for the last 10, yes 10, years?? Longtime...buyer beware. Stock hasn't moved much from gap up at opening. That should tell you something
Not Zoo BTW but it's a real hoot to read the board comments betting their lives I am.
The one, the one and only,