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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. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.


TSX:IVN - Post by User

Post by AlwaysLong683on Feb 16, 2024 10:31pm
188 Views
Post# 35885464

Biden vs. Trump

Biden vs. Trump
Of course, it would be beneficial to the green energy / electric vehicle market over the next four years if Biden is re-elected President in November. Trump has stated his desire to "drill drill drill" as much oil as possible in the USA (which is already the #1 producer in the world, overtaking Saudi Arabia). He is also very clear in his distain for electric vehicles and the current rules in place re. energy efficiency standards for vehicles produced in auto plants located in the USA which help encourage automakers to move toward "greener" vehicles.
 
That said, it's disappointing to see Biden and his campaign team insisting that he be the nominee for a second term. If COVID never took the world by surprise in 2020, I believe Trump would have won a landslide victory and got his second term in office. If you'll recall, the US economy was firing on all cylinders right up to the beginning of 2020 - jobs, growth, low inflation, low interest rates, etc. Then the economy was rocked by COVID, Biden could campaign from his home via video spots because of the dangers of assembling in public places, etc.
 
Unless some unforeseen catastrophe happens again, 2024 is shaping up to be a typical election season. Biden wanted to become POTUS and he succeeded, but IMO he is being rather selfish in seeking a second term, not because of his age, but because of his current challenges with his mental sharpness and ability to motivate people to get out and vote. You can bet Trump supporters will run through walls to cast their ballots.
 
I believe the US election will come down to which candidate does best in seven swing states (Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, Wisconsin). The currrent RCP poll averages have Trump up by 7.2 points in Georgia, 7 points in Nevada, 4.8 in Michigan, and 4.5 in Arizona,  Two states that are currrently neck-and-neck are Wisconsin (Trump 0.6) and Pennsylvania (Biden 0.3). No poll data is provided for North Carolina.
 
I think Biden should have announced that he will not be seeking a second term a year ago (Jan 2023) so any candidates wishing to vie for the Dem nomination would be able to announce their candidacy in the months that followed and engage in a full, competitive primary/caucus season. Now, about the only way to change candidates short of the President becoming incapacitated and thus unable to run (and I do not wish this on him or anyone else for that matter) is for him to announce well before the Democratic Party National Convention (August 19 - 24) that he is stepping aside and either endorse another person to be nominated at the convention or say he will remain neutral and let other candidates come forward to toss their hat into the ring and allow the Party to hash it out at that event. If not, I think odds are Trump will win regardless of what happens in the courts.
 
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