and believe this, if you believe anything, there is nothingthat Bobby can do. And as i have stated, I like him a lot. But he is like a large rat now, with a nail heavily hammered into his tail. He cannot escape, he cannot go anywhere at all. TRAPPED.
How long has he been trapped? Since the last dramatic change in the mining law. That one sealed his doom, and his money. He is only a billionarei, a canadian billionaire on paper. If he sells a lousy 250,000 shares in Ivanhoe, the stock will open up the next day at $3 Bucks u.s...
if he could get his paper wealth out, I am positive, 100% guaranteed, he would go for it. All of it.
He would sell every single share he has at 6 bucks u.s.......or even 5 and call it a day, or even 4 bucks u.s. and that is the market, somehwere down at about 3 to 4 bucks, the true market.
No responsible fund would ever invest a dime in Ivanhoe, which is trying to cleverly quietly grab the mineral wealth of the most pooor country on earth, and ranked SECOND only to venezuela....think about that for a second. .........Venezuela is a totalitarian state, out of a sci fi movie, the people completely enslaved, and The DRC is right behind them.
for all that, there are times to have a good Dictator and I really like the president. He cares about the people, the kids, and Bobby F is squarely in his gun sight now. Who is he gonna side with, Bobby F who has run out of bullets, he can only fire blanks now, or the 80 some million people of the Congo...and their 15 million half starving children? You think he is gonna wait for Bobby's mine to start kicking out huge revenues in 5 years? That is a pipe dream fairy tale.....The first thing you will see is another adjustent in the mining law, that is the first thing, and it will be by the end of this year. And next year, once the mine is further built, you are gonna see a whole different quantum leap of taking.......And the greedy Canadians are gonna get their due.....Their just deserts. Bobby F the Billionaire lost this bet huge.....the bet is over, the game is already played. We are just dickering now about the price.