IVA 0.00% 21.5¢ inova resources limited

operations in mongolia on aljazeera

  1. 1,127 Posts.


    Some people may still be holding IVn or TRQ as well as IVA.
    You might be interested in a half hour program on Rio Tinto mining operations in Mongolia, shown on "101 East"
    on Al Jazeera last week & due to be repeated this week.
    Very impressive mineworks & infrastructure completed.
    Cameron Mcrae & Sam Bowles talked at length about the project. Baby faced American trained greenies ( the usual suspects) asked whether Rio was paying its correct share. But they didn't take up the whole time .
    Massive lines of dynamiting going on. Huge automated control rooms ready to srart work. Interesting shots of town & country Mongolia & changing social patterns away from animal herding to mining services generally. Traffic jams in downtown Ulan Bator.

    I've held on to most of my IVN but the sp is suffering from the the long lead time to actual production & I
    wonder whether I'll stick it out to the end.
 
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