Ivanhoe (IVN) rose by 74 cents today or over 25%. This spike was much higher than the other junior golds.
Additionally, Ivanhoe traded over 2m shares, which is twice the average. So we have an unusual price move up, with higher volume. Both of which are very positive.
One day does not make a trend, but we suggest keeping an eye on IVN. An agreement with the Mongolian Government regarding the monster Oyu Tolgoi was due Feb 2. No word yet, but perhaps the chart is telling us something!
http://finance.yahoo.com/q/ta?s=IVN&t=5d&l=on&z=m&q=l&p=,v&a=&c=
http://www.ivanhoe-mines.com/s/NewsReleases.asp?ReportID=331087&_Type=News-Releases&_Title=Ivanhoe-Mines-welcomes-initiative-by-Mongolias-Parliament-to-finalize-an-Oy...
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