Ivanhoe Capital Acquisition Corp. Warrants each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per... IVAN

RE:Consolidation

[skygarden]

I agree as the share price has already dropped below its pre-consolidation share price (pre consolidation share price low was around $0.40 in December 2012 which would equate to  $1.20 post -consolidation), but I went through their June 2013 Corporate presentation from their website and they are expecting some progress in the next few quarters (for those who have not seen the information on their website I am attaching it below:

•Ecuador Block 20 Partner – Q2/Q3 2013

•Tamarack Partner – Q4 2013

•Potential divestiture of Nyalga – Q2/Q3 2013

As you mentioned junior stocks are having a difficult time right now (I also own Spyglass Resources:SGL-but the positve thing is that it pays a monthly dividend so I am averaging down with the Dividend Reinvesting Plan in place).  Unfortunately Ivanhoe does not have enough capital at this stage to initiate a dividend on a sustainable basis.

Tatko, you mentioned the possibility of Robert Friedland purchasing more shares--the last I heard was that he already owned about 17% and other insiders an additional 3% of Ivanhoe's shares.  I think that if they do sell off Nyalga they would have to consider a share buy back as well.