Ivanhoe Mines Ltd (IVPAF)

[dadofmarcmax]

Having been burned twice in the past - today IVPAF has become my largest holding as I whittled away some 20k of AVXL.

I was up 6 digits prior to the buy at 3.28 today - and, as per usual, it closes under then price I bought.

However - this is a mining company. This is a company with proven resources available. This is a growing company. This is a company with tangible products and not just intangible ideas.

AVXL - still hopeful and as one who knows the neuroscience intimately, can't accept that I'm 2 years in and take a 200k loss if I sold everything now. At least - get back up to my cost basis in the 6s. Ideally - would like to hold longterm - let it mature and reach its potential.

The momentum of IVPAF and the potential and the fact that Rick Rule is so gung-ho Ivanhoe along with Friedland being speechless - by the end of the year - I think IVPAF will easily pass $5 US.


One thing that I'm wondering, anyone care to answer this: despite IVPAF being mainly traded as IVN on the toronto stock exchange with at least 10x the volume than the US OTC market, can IVPAF uplist in the US to the NYSE or does it have to stay on the OTC if it is mainly traded out of the Toronto exchange?

What would the benefits be to uplist to NYSE (if there are benefits to do this with this mining company)?