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Originally Posted by suzuka84
Ivanhoe and its subsidiaries are some of the best companies people should look at: ivanhoe, southgobi, ivanhoe gas etc. I would not dare short a friedland company. Matysek of uranium one fame had to bring friedland on board to get a buyer for potash one. Ivanhoe is massive and at the last update i believe they may split up the company. Ivanhoe is also a shareholder in entree gold so expect a buyout or new public company spinoff soon. The tie up with rio only makes them stronger. Ivanhoe is the owner and rio provides money, where else have you seen a company force a mining giant to its knees?
Full disclosure: im a ivanhoe shareholder
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Ivanhoe is massive on what it has in reserves. I have a family friend who works at AMEC and he suggested ivanhoe since it was in its $7 dollar range. I was hoping for it to drop before I pick up some when they announced Rio's buyout clause to be extended to next year. Rio is going to eventually buy this company out. The mine in Mongolia is comparable to the Indonesia mine of FCX.
Side note: Someone is recommending me CSR. It's a NYSE stock, Chinese security company. They announced earlier last week that the CEO who holds 11-15 million shares of 80 outstanding is considering a feasibility of taking the company private and would pay up to $6.50 a share. Right now it's at $4.50.
Anyone considering picking up some POT when it's $60? I think there is going to be a flow of money in once the US side of the stock splits into 3 at the end of the month.