Stocks don't move up when there is a financing I spoke with investor relations yesterday and before that a couple of months ago. Both times I spoke with Bill Trenaman and he is great to talk to and if I remember correctly has been with Ivanhoe for 16 years.
I have constant concerns about South Africa and DRC politics and the day to day violence we all read about. I routinely like to garner as much information as I can about the current state of affairs in both countries.
Talking to someone that constantly travels to these locations and has first hand up to date information about the areas is priceless.
Both conversations left me feeling better about my investment.
I’m not saying that there are not concerns, there are of course, but I do get a good sense that all is proceeding well and the local jurisdictions where the company operates are safe and secure as is the proposed rail route the ore will take east. This information may be contrary to some earlier posts on the board and while everything in life is always in flux it’s where we seem to be today.
I did not ask yesterday but last time I did ask about financing and was told at that time that it was Robert Freidlands intent not to finance by way of dilution, and if ever only when the stock was in double digits.
I believe that if the world does not end we will see a big uptick in share value in the next few months on continued excellent construction progress and exploration success.
There is always the possibility of another Kamoa- Kakula still to be found on prospective property the company holds and all this while everything else proceeds at the same time.
Like my earlier post very exciting times ahead.
GLTA