NYSE:IVAN.WS - Post by User
Comment by
hesuveron Dec 23, 2011 1:33pm
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Post# 19349143
RE: RE: Prediction
RE: RE: Prediction That takeover speculation makes perfect sense. I checked the Connacher board and a bid was rejected by management but the bidding company was not identified in the news release.
I know that the Republicans are pushing Obama to approve the oil pipeline (cannot remember the name of the darn project at the moment) from the Alberta Oil Sands. Ivanhoe with their HTL technology can easily convert bitument to lighter and more valuable products that can be moved via pipelines.
I think I would grab an increased position.