Ivanhoe Mines Ltd T.IVN

RE:My apologies to the board...

[Dragonflyinvest]

"... the most important topic at hand, Ivanhoe Mines"
 
Perhaps the most pertinent in the minds of many, but hopefully a responsible discussion of HOW extreme weather events impact mining and the supply of copper could provide additional new information from various sources.

I know already what I write, so the only path to additional learning is from what other people know or understand.  Naturally I focused on those copper mining regions that exhibit heightened vulnerability to extreme weather and have attempted to understand how climate change will alter global copper production.  I can make an extremely sound argument on why IMO southern Africa is particularly vulnerable, and have raised the issue on the Ivanhoe board not because I have any criticism of the company or its projects, but because it is by far the leading producer in the region.

We all recognize that mining by its very nature is a high-risk venture, and supposedly as investors we weight the risk vs reward when we conduct our DD.  But climate change on the scale that we are seeing today is relatively new, and as a result most of the public have only a vague idea of what climate change means to their lives.

How many investors in Canadian boreal mines have taken a hard look at the route their product must take to reach the markets?  How many understand that mega wildfires could strand their operations for weeks, if not months?  The stock of any company that is prevented from delivering their concentrate for 6 months will suffer substancial losses.  Wouldn’t it be better if one sold when the fire starts instead of when the damage to infrastructure is realized after the next heavy rainstorm in the spring?

We have seen what flash floods did to roads and bridges in North Carolina and I maintain that Canada, especially in the mountainous West, is likely to suffer similar damage in the years to come.

This is why IMO copper investors need to recognize these new risks and allow for them before we make our investment decision, but how can that be done if the threat of mine disruption is either denied, ignored, or condemned by those with little or no knowledge of the subject?