gofomodo

Ivanhoe Energy: Risk/Return Doesn’t Get Much Better

Sorry to be a wet blanket, but where did that magic figure of $125/bbl come from, where oil sands become economical? Are you sure it isn't $140? or maybe $150?

Exactly the same sorts of things were written about Ivanhoe two years ago, and four years ago, and.... This company has always been about "exciting potential" -- and sometimes pure hype -- and never about results. The multi-year stock chart is a sad picture of successive generations of "visionary" investors getting their hopes crushed.

No doubt, someday their process will produce actual profits, if you really want to hold the stock for however many years that takes.