NYSE:IVAN.WS - Post by User
Post by
thinker1951on Aug 11, 2011 7:15pm
449 Views
Post# 18933426
Very Quiet Here what gives?
Very Quiet Here what gives?Are we all brooding over the sp
I traded the warrants and was quite interested in this company.
I stopped following it when the warrants expired. Seems anyone long has been thru quite a ride.
I'm trying to decide if I should take a position. From what I can tell the fundamentals if anything have improved.
I see a future for this company for several reasons.
1. The ceo has very deep pockets and has a great reputation.
2. Peak oil and gas are here and any oil/gas produced will be in demand I dont see $35 oil again even if we do fall back into a recession.
3. The gas is their in china and horizontal fracking will likely be successful.
4. Their alberta project will be online soon - 1-2 yrs and there is ecuador and mongolia
5. They had no trouble finding buyers for their debentures and now they are well financed.
6.They are now trading at less than half of their recent peak.
So why is nobody talking on this board.......I look to these boards for information, opinions and insight.. Its disappointing that its dried up here. Come on guys this baby will rise from the ashes again.
Ok I got it tell me why I shouldnt take a position maybe that will get some input??