Wednesday, June 17, 2009

IE.to is worth looking at since WZR is currently getting hammered by insiders dumping 400k shares

WZR-T This is not good, Thomas Weisel is the biggest seller
today after accumulating 2 million Shares in the last 35 days.
123,000 net sold shares so far



I have sold off WZR and moved into IE
When Trades Go Wrong Cut Losses

Shares sell at same money, and IE is


A: The petroleum and distiller of heavy oil is in discussions on several fronts with strategic, technology and/or capital partners. These might include refiners seeking the utility of Ivanhoe’s Texas facility for upgrading their own heavy oil into acceptable API-grade “clean” diesels and other fuels. CEO and Ivanhoe Capital Chairman Robert M. Friedland, a deep-pockets supporter of untapped hydro-carbon resources, tells me today (Friday),

“Our team is very deeply involved in highly confidential business discussions at the San Antonio facility under (technology chief Mike A. Silverman’s) direction, which is placing a huge demand on his time.”

Mr. Friedland says investors at present can peruse the Ivanhoe Energy cyber site for current research and a potent video in four languages, including Chinese and Arabic. (Ivanhoe Energy shares are now an Instant Value selection for Ticker Trax subscribers.)











PDP Insiders and More On Testing And Sale Of Argentina Assetts

Petrolifera provides update on La Pinta testing program12:53 EDT Tuesday, June 16, 2009CALGARY, June 16 /CNW/ - Petrolifera Petroleum Limited (PDP - TSX) announces today that to date it has been unable to test prospective zones in the La Pinta well on its Sierra Nevada License in Colombia, due to both the late arrival of certain equipment and certain mechanical failures encountered while running the test assembly. These issues have now largely been overcome and it is now anticipated testing will commence in the next several days and continue for an indeterminate period until completed.

Events to date in no way reflect on the possible outcome of the testing program as prospective zones have not yet been perforated.

We also wish to reaffirm that the deadline for submission of bids for the company's Argentinean operations was, as previously announced, extended until July 10, 2009.

Petrolifera is a Calgary-based crude oil and natural gas exploration, development and production company active in Argentina, Peru and Colombia.FORWARD LOOKING INFORMATION:This press release contains forward-looking


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