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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

Bullboard Posts
Comment by graffiti99on Apr 02, 2016 11:42am
221 Views
Post# 24723574

RE:RE:RE:RE:RE:Let's just do some SIMPLE MATH that evn the bird brains

RE:RE:RE:RE:RE:Let's just do some SIMPLE MATH that evn the bird brains Good counter points Chintzy. Keep in mind I was posting what I view as risks - not my predictions. And the tone was indeed to counter topadvisor who continually shouts at the board and tells readers they're small fish, never make money, idiots. It's inappropriate and rude. I want to obtain real information on my IVN investment when I read the messages and I feel the same way when I contribute a post. Here is my respectful opinion: IVN is a buy and likely a multi bagger over the next 2-5 years at these levels. The real question is, how many times over? To topadvisors point, the sentiment in all commodities is at the bottom. We hear the word depression when the topic of copper price comes up. So, yes, once the sentiment changes and the commodity super-cycle turns, the rising tide will raise all boats and IVN stock will likely snap upward, then march further with the development news. In addition to macro situation, Ivanhoe is likely a winner because Platreef doesn't carry the same jurisdictional risks, Robert Friedland's has an awesome reputation along with unparalleled negotiation skill and Ivanhoe's unrecognized drilling and exploration capabilities can make a sweet song even sweeter. Regarding Komoa and Kipushi, they will likely return handsomely as well, although I believe it will be a very choppy ride for results coming from those assets because of their jurisdictional risks. To clarify my risks & predictions with Ivanhoe DRC assets: 1) Expropriation threat: this risk does not have to be all or nothing. A total loss as First Quantum experienced may be unlikely, but what is likely, are ever-increasing royalty rates. For example, the Gecamine ownership stake will be hiked up. A negative reaction naturally will follow from shareholders. But so what, I'm expecting this to happen. If Congo taxes too much, the mine won't develop. Tax too little, Congolese get upset at exploitation and the government gets nervous. A balance will be struck and a series of re-balancing will occur moving forward. Fair is fair after all, it's a massive African national resource. Citizens have a right not be exploited unfairly. 2) Corruption & travel advisory - This threat will be pronounced in the short term (next 1 to 2 years). Kabila isn't a normal, logical guy. He led child soldiers in his rise to power, so we can't expect him to be predictable in negotiations or leave power like a gentle statesman. That said, warlords have been dealt with in the past, so we'll see. I'm expecting delays in Komoa and Kipushi development as RF and the Chinese partners navigate this problem. It's less risky to be early in mine development and have government problems than it is to be producing concentrate product and then get into trouble. Anyway, I would want to see guarantees secured from Congo, backed up with an international relief strategy in event political changes create a "reset" and potential capital is lost. I have every confidence that Robert Friedland has this in order. In the meantime Platreef successes should march the stock price up. 3) Genocide & Conflict Minerals Status - Ok, a bit of drama on my part in the previous post maybe. But, underlying cultural/ethnic strife exists throughout the region and the corruption, lack of education and infrastructure fuels this fire. My prediction is that the DRC, if it can hold itself together, will become the fastest growing and most exciting economy in the world over the next 10 years. Investment interest will intensify and with it, a greater concern about the social conditions of the Congolese situation. Bad press from non-profit organizations who claim corporate exploitation is a certainty. Ivanhoe has already run into this challenge and more will certainly follow. It puts downward pressure on the stock price when it comes. To some, a stock is nothing more than a piece of paper to buy, sell and speculate on. But for me, owning stock or shares in a company, reflects owning the property, plant and equipment of a real business doing business. I don't want to own something that has moral questions surrounding it. But hey, so far, so good with IVN. I don't need to be more catholic than the pope - I like what I see with Ivanhoe's community outreach efforts. Good luck to all
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