Ivanhoe Energy Inc (NASDAQ:IVAN)

This is an extremely overvalued company. It has never been profitable, and is actually losing an increasing amount of FCF every year.

Its over for this stock.

MAJOR GAS FIND IN CHINA; NET ENERGY POSITIVE PROCEDURE FOR HEAVY TO LIGHT OIL; SIGNIFICANT LAND HOLDINGS

I believe that with all the exposer and the natural gas finds this stock will be the "darling"of Wall street.

riding the 2nd wave

A lot of oil and gas to drill.

many many reserves

Yes its a spec play, but the technology appears to be similar to a resid FCC, which is hardly new technology. I read in World Heavy Oil Congress Paper 2008-329, that the CDF was rated to run 1000 bpd of California Heavy crude, and was tested on a roughly 300 bpd vacuum resid feed. With resid being 30% of crude, this seems adequate.

The key for further investment in the technology is higher crude to product price differential, which hasn't been great the past couple years. I bought IVAN a few years ago and will likely add more as I see refining margins getting better. As I mentioned, I don't think what they are trying to do is that different from what has been done in refining for the past 30 years.

Damaged due to the BP aftermath but still retains a large amount of major institutional ownership. Huge profit potential on this one.

new process that can utilize sub standard crude

Good holdings; good technology; good business plan.

I like the fact that IVAN has not dilute their number of shares like some other "below a dollar" stocks. The current price seems to be stabl. Depending on the current development at Ecuador, IVAN has a great chance become a player in oil production.

Ivanhoe is a growing company with new operations developing in several countries. It will soon be making a profit, and then everyone will want some of it. Someone has been loading up on it lately because they can see the future payout.

IVAN has a technology and money to make it happened

Ivanhoe has both proprietary technology for heavy to light crude conversion on site, and an extensive oil exploration and drilling program in sites in a number of locations around the world. The HTL technology is a long time in the making, well protected and hard to copy. The oil exploration makes them also a player in oil itself which puts them in a good revenue position for the future (and thus far they've been able to fund operations from this and from IVN their copper mine). It also makes them a player over the length of the value chain which strengthens the position of the technology wrt potential icensing or partnership with other producers who have heavy crude sites.

should be producing heavy oil,using SAG-D and HTL at less of a cost than typical SAG-D producers.Planned to produce around 2014 and for many years following the start up in tamarack canada and pungurayacu ecuador.

this rec./call is for five years plus

fyi

Once the Mongolian rights that Sunwing just aquired become fully explored, both Russia and China will be chomping at the bit to get on the supply chain and invest. The way Ivanhoe has been expanding into quality oil fields worldwide the only way for the stock to go is up. The Mongolian block now makes them very close neighbors with 2 of the biggest world players.

Ivan will spike on the anouncement of a partner for the Equador deal.

my friend says this is good.