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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
Post by stargazer1on Dec 21, 2016 9:19pm
407 Views
Post# 25633063

We're fine

We're fine

Things are actually looking good. The stock price has been dropping because potential buyers of the stock, people and institutions, were worried that there would be uprisings and pitched battles on Monday, the date when Kabila was supposed to step down. And what really brought the stock price down, was the worry that Kabila would be overthrown and then the new government would deny Ivanhoe Mines the contracts it had won under Kabila's regime.

When nothing happened, it was speculated that the protests would take place Tuesday, because people would be waiting on Monday, to see if he would relent and step down. Tuesday had some protests and deaths, but nothing even close to what was projected. Basically it was a non-event. Same for today.

An evaluation of this was reported in the media, "Tuesday’s muted demonstrations were a far cry from the mass uprising the opposition had threatened, suggesting that Kabila may have survived the most immediate threat to his rule. 'Street protest is the only leverage the opposition had left, and that’s a very bad sign in terms of the democratic process. If there is no pressure in the streets, then Kabila is basically going to shrug,' said Jason Stearns, who directs the Congo Research Group at New York University’s Center on International Cooperation."

"In recent months, the opposition has seen its space to maneuver shrink rapidly, largely because of its own uncompromising and unrealistic strategy. This stubbornness was evident as far back as 2011, when Tshisekedi declared himself the winner of the presidential election even before the ballots had been counted. When the official tally revealed Kabila to be the winner, Tshisekedi refused to acknowledge the results and declared himself president. Observers said the elections had been fraudulent, but Tshisekedi’s preposterous pre-results statement had already discredited his claim."

Even so, the Congo is a large country, the size of Western Europe and much of it is poorly controlled. There is a possibility that over the next few months there could be some uprisings as groups try to take advantage of Kabila's perceived non-legitimacy. But that would most likely not threaten his rule.

On top of that, Ivanhoe Mines supports the local population, and has the support of the local population and its political leaders, plus it has the support of the national government. It has spent years building up good will and trust, and so it should be fine.

Over the next few days, or weeks, people, and institutions, will realize that the area and political situation is stable, and then they will concentrate on the major, huge potential of its resources, and the stock price will start climbing, climbing to multiyear highs, far, far above its present price. Ignore the day to day/week to week fluctuations and realize that this is a long term financial holding. Ivanhoe Mines is one of the few in a life time situations that has the potential, if you have the will to stay with it, to allow you to accumulate a fortune that will allow you to retire in luxury. And this is not something to take lightly, considering the financial instability in the world today. Who knows for sure if Social Security in America, or similar institutions in Europe and elsewhere, will be available down the line.

I plan to hold my shares for years. Although I will be keeping a close eye on developments. I have accumulated enough shares so that I can actually become independently wealthy with just this stock alone. And from what I have seen, so have most of the other people on this site. Way to go, and congratulations.

Bullboard Posts