Ivanhoe Mines Ltd T.IVN

Rosenberg: Now is a good time to add commodity exposure

[BSdetector2016]

Rosenberg Research: Now is a good time to add commodity exposure to your portfolio

https://www.theglobeandmail.com/investing/investment-ideas/article-rosenberg-research-now-is-a-good-time-to-add-commodity-exposure-to/

[Coppernut]

That was the positive part of their report. The less rosy part (for us) was their abrupt change in their copper outlook from medium term very bullish to now more cautious due mainly to China and unexpected supply additions from Brownfield expansions like ours. Still, in their Q1 letter they pointed out the expected surge in demand from India and Indonesia as these two huge population countries

[Dragonflyinvest]

" as these two huge population countries rise in GDP and will start demanding air conditioners etc."   Need and demand will indeed soar however the ability of the average Indian to purchase AC is beyond the reach of most.  Do we have data that tells us how long it would take to manufacture enough units.  (If you’re interested in AC no better investment IMO can be made in

[BSdetector2016]

Unless you bought IVN at prices north of $19 I'd say there's no worry at all. The copper consumption thesis is intact. Other countries will get on the consumption train and, in time, China will get back on it as well. Even a "weak" China consumes a huge and increasing amount of copper. Also, a lot of the copper imported by China is transformed into goods for export. We are

[Cobalt]

 We've achieved a 400% increase over the past five years; let's do another five years with a 200% increase. Ill take that.

[Dragonflyinvest]

" We've achieved a 400% increase over the past five years; let's do another five years with a 200% increase"   400% increase in what?  PPS?  lbs. produced?   profits? cash flow?  What are you talking about?  and would you care to share the data you used to make that calculation?

[Dragonflyinvest]

" in time, China will get back on it as well."   Spoken like a true believer!  But it is time that is possibly too short.  Your post is offered on total faith and yet no facts, but then “facts” about the future are the hardest to find.    Here’s a future fact.  The atmosphere and oceans are warming making storms more violent as they also become more frequent