RE:RE:Chinese State Owned CompaniesAlvarez,
It's a great trading stock. It often goes up and down 10 to 20% in both directions week over week. I'll say it again. This stock is reasonably priced. A lot of this is speculative. What's worth $4.50 to one person, isn't to someone else. There is no definitive right answer. That's why analysts give a price range together with a target.
Pumpers here keep bringing up the growing presence of Chinese state owned miners in Africa as proof that countries like Congo and Zambia are not as risky as many believe. Yet the comparison isn't valid. What's true for State owned Zijin, Jiangxi, and China Moly does not hold true for Western miners like IVN.