NYSE:IVAN.WS - Post by User
Comment by
Tradesmanon May 06, 2010 12:48pm
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Post# 17070030
RE: RE: RE: A game of patience
RE: RE: RE: A game of patienceI think Bob Friedland is very shrewd. He's good at picking winners and he's even better at raising capital. A lot of investors have already put a lot of money into the Ivanhoe group of companies.
Like I said, it's a game of patience with this stock. I think the latest offshore oil spill will have a devastating long term effect on future drilling projects in sensitive areas - and that's precisely where most of the new light oil is located. That's good news for the HTL concept and I'm certain Bob Friedland will know exactly how to leverage that to the full.