Ivanhoe Mines Ltd. is Today's Focus Stock on MicroStockProfit.com
15 7월 2010 - 7:50PM
MicroStockProfit.com announces an investment report featuring
Ivanhoe Mines Ltd. (NYSE:IVN). The report includes financial,
comparative and investment analyses, and recent company news that
you need to know to make an educated investment decision.
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The full report is available at:
http://www.microstockprofit.com/lp/IVN
The MACD for IVN currently indicates a strong bullish signal for
two reasons. First, the MACD is above the signal line, a 9-day
moving average. Second, the MACD is above zero, which implies that
the underlying moving averages are trending higher.
Ivanhoe Mines Ltd. (IVN) is an international mineral exploration
and development company. The Company's principal mineral resource
property is the Oyu Tolgoi Project, located in Mongolia. The
Company also has two subsidiaries, through which it holds interests
in coal resource properties in Mongolia, and molybdenum, rhenium,
copper, gold and uranium resource properties in Australia. Its
subsidiary, SouthGobi Energy Resources Ltd., owns and operates the
Ovoot Tolgoi Coal Project located in Mongolia. The Company's
subsidiary, Ivanhoe Australia Ltd. (Ivanhoe Australia), owns the
Cloncurry Project located in Queensland, Australia. IVN also holds
interests in several other mineral resource projects in Asia,
including a 50% interest in the Kyzyl Shear Project, located in
Kazakhstan, through a shareholding in Altynalmas Gold Ltd.
(Altynalmas Gold).
Message Board Search for IVN:
http://www.boardcentral.com/boards/IVN
In the report, the analyst notes:
"On May 11, 2010, IVN released a new Integrated Development Plan
(IDP-10) that estimates the Oyu Tolgoi Project in Mongolia should
produce more than 1.2 billion pounds (544,000 tonnes) of copper and
650,000 ounces of gold every year for the first 10 years.
"David Huberman, lead independent director of
IVN's board of directors and chair of the board's Corporate
Governance Committee, said recently that IVN has exercised its
contractual right and given 60 days advance notice to Rio Tinto of
a forthcoming change in the agreement governing Rio Tinto's
investment in IVN. Huberman said IVN's board of directors
authorized the termination of the Strategic Purchaser Covenant that
has restricted the ability of IVN to issue shares to strategic
investors since October 2007."
To read the entire report visit:
http://www.microstockprofit.com/lp/IVN
See what investors are saying about IVN at penny stock forum
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CONTACT: MicroStockProfit.com
Brian Johnson
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Ivanhoe Mines (NYSE:IVN)
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Ivanhoe Mines (NYSE:IVN)
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