IVA - Ivanhoe Australia
| |
|
Last Poster |
Posts |
Pages |
Last Post |
| |
|
|
|
|
|
|
| Author |
Message |
   hershy
Member
Username: hershy Post Number: 2311 Registered: 10-2002
Rating: N/A Votes: 0
|
| | Saturday, June 13, 2009 - 07:42 am: | 
|
From yahoo finance: Ivanhoe Australia Limited (IVA) is a minerals exploration and development company with the projects located in northwest Queensland near Cloncurry. Following the ASX listing, IVA’s parent Vancouver-based Ivanhoe Mines Ltd will retain 80% of the company. IVA’s key assets are its Cloncurry district exploration tenements on which 3 key projects, Mount Elliott, Mount Dore and Starra Line, are being advanced and evaluated for possible production. It also owns a 19.9% interest in Exco Resources Limited. Mount Elliott: The project is prospective for iron-oxide-copper-gold style mineralisation. Recent drilling returned 290m @ 0.74% Cu and 0.62g/t Au and 514m @ 0.64% Cu and 0.41g/t Au. Sampling of the Swan zone returned 1m @ 2,594ppm U3O8. IVA estimated the project as potential to host 300-400Mt ore using a 0.25% copper equivalent (CuEq) cut-off. Mount Dore: The project is prospective for a secondary copper deposit. Copper-dominant mineralisation dips to the east beneath the Mount Dore granite body in a zone of about 180m true thickness and mineralisation is considered to be open to the north where diamond drill holes have discovered primary copper sulphide ores, with potential zinc silver, gold and molybdenum credits. Historical drilling returned 269m @ 1.18% Cu and 104m @ 2.31% Cu. Diamond drilling in 2008 returned 124m @ 1.38% Cu and 72m @ 1.42% Cu. The exploration target potential for Mount Dore is 50-80Mt using 0.25% Cu cut-off. Starra Line: The project is the host to 5 high-grade gold-copper orebodies on which a series of open pit and underground mines were developed by previous project owners. Drilling returned 36m @ 2.76% Cu and 1.64g/t Au and 97m @ 0.46% Cu and 0.54g/t Au. The exploration target potential for Starra Line is 20-30Mt using 0.5% CuEq cut off. From ASX:
The narrow consolidation on the IVS chart began the day Emerson announced the start of it's survey and matches the consolidation shown on the ERM chart. The EXC charts is not looking too shabby either. All in all, with a stop below the $2 support, say around $1.80 a possibly very rewarding position may be taken here. Loss of 25 cents per share versus target of between 40 cents or a completion of C & H target of around $1.80. Or not ! Do your own research
I do it doji style ! http://members.optusnet.com.au/~hershy/
|
   hershy
Member
Username: hershy Post Number: 2322 Registered: 10-2002
Rating: N/A Votes: 0
|
| | Tuesday, June 16, 2009 - 08:06 pm: | 
|
Narrowest range since March. See what happened then? Could it happen again ?

I do it doji style ! http://members.optusnet.com.au/~hershy/
|
   hershy
Member
Username: hershy Post Number: 2378 Registered: 10-2002
Rating: N/A Votes: 0
|
| | Friday, July 24, 2009 - 06:47 am: | 
|
IVA has fallen a little lower that $1.80, reaching down to $1.754 but is consolidating again. I still believe IVA is showing a huge potential here. It seems to be mirroring the EXCO chart.

I do it doji style ! http://members.optusnet.com.au/~hershy/
|
   hershy
Member
Username: hershy Post Number: 2622 Registered: 10-2002
Rating: N/A Votes: 0
|
| | Saturday, September 19, 2009 - 07:42 am: | 
|
Not only did Ivanhoe win the joust in reaching $4.05, it seems to be setting up for another jump into hyper space. Pennants formed below the top of the flagpole tend to go down before going up thus turning into a flag, but then, that is just what a flag is supposed to do. Could we be looking at another $2 move from flag bottom ?
The big money in stockmarket investment is not made in the thinking, it’s made in the sitting. My advice is worth exactly what you pay for it so do your own research. http://members.optusnet.com.au/~hershy/
|
   bib
Member
Username: bib Post Number: 143 Registered: 04-2007Rating: N/A Votes: 0
|
| | Monday, September 28, 2009 - 08:08 am: | 
|
Hi Hershy, May well have been the breakout on friday from that high and tight flag.
|
|
Threads by Last Post Time: First
1
2
3
4
5
6
7
8
9
10
Next
Last
|