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Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s):  IVPAF

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.


TSX:IVN - Post by User

Bullboard Posts
Post by ursusbrumaeon Feb 23, 2018 5:41pm
210 Views
Post# 27612458

Rule of Law in a Safe Jurisdiction

Rule of Law in a Safe JurisdictionMining investors are deluded about "rule of law" and "safe jurisdictions".  In Canada and the Congo, as just about every other country, the government raises taxes by passing bills in parliament, to take a bigger piece of the pie, at any time they please, for no reason whatsoever other than they want it.  Lobbying and international arbitration are equally applicable or inapplicable in one place or another.  Graft is a little more subtle in the First World.  There are courts to settle disputes.  Yes, in the Congo the judges are paid by the winner after he makes his ruling, because there is no cash in the treasury.  But this never happens in Canada, right?  Look up Lac Minerals v. International Corona Resources.

The only essential difference is that there are millions of people starving in the Congo, and periodically the army clashes with militias and hundreds of people are gunned down.  This gets all over the headlines, and investors worry about their money.  But it doesn't affect business at all.  The multinationals are first class citizens because they keep the elites in power.  Your money is safe.  You should, however, worry about the humanitarian crisis, and the common people who live poorly, have inadequate or or inferior food, shelter, medicine and security, have little opportunity, and are oppressed by power.

And by the way, judging by the state of securities regulation and the political climate, do you really think Canada is a safe jurisdiction?  Do you really think your money is protected by the rule of law?
Bullboard Posts