badluck, Ther are 2 very sound reasons for the interest in...

badluck,
Ther are 2 very sound reasons for the interest in Ivanhoe , both overseas, not in Oz.

1. The Chinese govt. has offered Rio Tinto an unlimited line of credit in financing its exploration & development projects. As Rio will eventually have nearly50% of Oyu Tolgoi copper/gold this move will ensure support for the project.

2. The main reason is that Dr. Doom of the Gloom, Boom &Doom report, Marc Faber has recommended to his readers & TV viewers in USA,Canada, Europe that they buy 3 gold stocks -Ivanhoe Mining(Can), Novagold & Gabriel Resources. On Bloomberg tv too in last few days & repeated too. Would not happen on bankster controlled CNBC the stooge of Wall Street. Whenever this happens there is a temporary surge before profit taking commences- I'm hoping it stays upo till the April gold price rise.
I looked at my North American portfolio this morning & everything was red - except Ivanhoe which was up 6%.
If anyone remembers Desert Sun & Yamana Gold - it was actually recommended by Jim Cramer at the same time he was telling dummies to buy banks like Wamu, Lehman & Bear Stearns. Yamana , like Newcrest here, did a sort of stair step jump & stayed there. I'm hoping for similar with Ivanhoe.