"For much of their history, Mongolians described themselves as 'beggars sitting on a huge pile of gold;" suggests international investing expert Nicholas Vardy.

The editor of The Global Bull Market Alert explains, "Even Genghis Khan knew about Mongolia's massive mineral deposits. He just had no idea how to tap into them. But that's all changing largely thanks to the efforts of Ivanhoe Mines (IVN).

"Ivanhoe is a Canadian company that is building what may turn out to be the world's largest copper and gold mine: Oyu Tolgoi.

Ivanhoe Mines (NYSE: IVN) was broadly lower Wednesday after mining giant Rio Tinto (NYSE: RTP) boosted its stake in the company from 9.9% to 19.7%. Rio Tinto raised its interest in Ivanhoe by purchasing 46.3 million common shares for $388 million. The proceeds will be used to help build and commission Ivanhoe's Oyu Tolgoi project in Mongolia.

Thanks to the capital infusion, Ivanhoe now has roughly $610 million in cash on its balance sheet. However, traders are hardly cheering the news -- perhaps because Rio Tinto snapped up the stock at a bargain price of $8.38 per share, representing a steep discount to Tuesday's closing price of $11.51.