Quote:
Originally Posted by jasonturbo
Ivanhoe Energy T.IE,
Anyone familiar with this company or its history?
Sold my URRE @ .90 this morning... made a few bucks mehhh
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A lot of people lost a LOT of money with IE a few years back.
IE's future really hinges on the contract to sell their interests in China which will take a year to either happen or not. On the one hand, they have net equity of almost $0.95 per share, so in terms of real risk, buying at $1.00 hardly seems like much of a risk but they also have been losing money for years now...
Mark