Seeking Alpha

Ivanhoe Mines (IVN +21.5%) is recouping all of yesterday's losses, and then some. After falling...

Ivanhoe Mines (IVN +21.5%) is recouping all of yesterday's losses, and then some. After falling on fears of a larger Mongolian government stake in its Oyu Tolgoi project, shares are surging today on a Credit Suisse upgrade. The firm sees a larger government stake without compensation as "highly unlikely," and considers Ivanhoe undervalued regardless.
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