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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

Post by bloomfield18on Jun 17, 2020 10:48am
291 Views
Post# 31159944

On Second Thought ... Buyout

On Second Thought ... Buyout

Well, I've had time to sleep on this and finally came to my senses. Although friendship can be a factor in business, it's not unethical or immoral for individuals or companies to act in their own self-interest. They're not running a monastery here. As much as Chinese state miners may be fond of their current partners, they, as everyone else, will continue to evaluate their own self-interests.

I know that if I was in their shoes, and if the market price was right, I'd buy majority control. Then you can do whatever you want (including delisting the company from TSX and re-listing in China). On reconsideration, IVN shareholders probably don't have five or ten years. Anything is possible; no one can read events perfectly, but to be on the safe side as a prudent investor, I'd assume that if global economic turmoil continues, and the price is right, Chinese state miners will make a move to acquire the Company, or majority control, sooner rather than later. 


So, where does that leave target price? It's hard to tell from stock market action. The US has partially nationalized their economy through aggressive Fed intervention. This is what is driving the current surge in stock prices. The real global economy -- and IVN is definitely part of the real economy -- is staggering. It's hard to tell what the world will look like in one or two years. I wouldn't even hazard a guess. So, once again, at least for now, I'm back to no price target. 
 

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