turbo,more infomation,great! thanks very much.
So Now Ivanhoe is not selling anymore but I thought it[Ivanhoe] was under some obligation to divest itself of surplus Investments so it could JV with RIO in Mongolia?
If so,then though Ivanhoe may want to hold out for around 27 cents a share it may have to go d'Dump IF this RIO deal is more important and there's some agreed Time Line for Ivanhoe action.
It {Ivan} certainly won't want to participate in more Capital Raising by INL so is it now down to McQuarie to save INL's Bacon?
As for consolidating the Register 1/10 that can be an interesting exercise turning a penny2respectable[See TOX for recent example]but it's best BEST done with some positive happening FAwise to INL.
These New,Ground Breaking Processes can suck a pilgrim in,hey? but INL in the Real World is facing the Tax Loss Selling Season while the Zinc price is not Hot!
INL mamagement better get something Positive announced Tout Suite or INL has further to go DOWN!!
It's pretty funny from the Outside watching this GunnerBe Huge Company [INL]doing manoeuvres against the likes of ZFX with marginal pennies like JRV and BSM.
Always back a Battler meself but ya got to watch out for 'em getting Delusional.
Happy Trading.
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