Ivanhoe Mines Ltd (IVPAF)

[tootalljones]

idle thoughts....Johnnyola1

Post# 25810911

5 starsv
RE:Political Discount?
Both TopAdvisor1 and Ursusbrumae's posts are terrific. Every single post by each. They speak differently, but reach the same conclusions.

some idle thoughts....

TopAdvisor recently posted about the share price evolving over time to 40 bucks. He has been insistent, terse and trenchant with every post on this thread.

Here is Ursusbrumae reaching the same conclusion, albeit with different wording, superb wording I might add:. "THE LONG GAME"....what a great post.

http://www.stockhouse.com/companies/bullboard/t.ivn/ivanhoe-mines-limited?postid=25354547

For those new to Ivanhoe, or those in the financial industry, take it from somebody who has been in most every kind of market of the last 40 years (me), ALL OF URSUSBRUMAE'S are educational to a sophisticated mind, or a dull mind like mine. Just click on his name and learn. When you think you know it all, read his materials. kindly. His thoughts pale the comparative work in the financial industry. And with the exception of one post, where he plots a share price to 100 bucks a share, he is conservative but insistent, (imho...)

Topadvisor reminds me of Lord Herbert Kitchener, the great british field marshall of over 100 yrs ago. Yep. (kind of). I know so many of you have had this same thought reading his stuff.

As the combatants slowly but surely moved to World War 1 over a century ago, each side naturally felt that they would prevail, and each side more importantly, felt they would win in a matter of several months. This naturally made war casulty expectations to be quite minimal. These Generals were the rich phouck war gamers, playing with the lives of the working class and peasants. It was the conventional wisdom, widely shared by both sides. The media too was All In with the various war scenarios carefully planned and scripted by the generals for YEARS. The Germans in particular felt that the decisive onslaught would take place in 30 days per the Scheiffen Plan, with mop up actions to follow. The French essentially the same, under their theory of ELAN, and so too the British. Battle was eagerly awaited by the generals on all sides.

There was one smal snafu on the part of the British however Just before first salvos errupted, August 1914, they summoned back from Egypt their fabled Field Marshal Herbert Kitchener, to just run the French/English lightening war plan by him, just for insurance sakes. He studied their presentation, detailed ad infiniitum, and simply told them that the coming conflict would last many years and involving the killing of millions of people. They were shocked into disbelief. He had merely been asked to sign on to the conventional wisdom. From what inner recesses of his mind came his immediate conclusion, he never shared with his listeners, but he was right of course. I have no doubt that Kitchener had been studying the dozens of assumptions which the war planners insisted upon for many months. He clearlly had not been infected with the conventional wisdom.

For TopAdvisor to insist upon a coming price of 40 bucks within 3 years is not an idle boast. I myself have been at this game for 40 years, through the various bulls and bears. The world is a very big place, and you never know who you will meet.

The underpinnings of a share price of 40 are even dimly apparent to somebody so dense as yours truly. In this thread, --- note its title --- we get merely one indication of vast UNDERVALUATION......I would have called it: "Tom Brady, The Patriots, and Investing with the White Discount." (To cause controversy of course, and to shock people out of their dullness) The people of the congo, at this time in history, remind me of the Patriot football team. Rex Tillerson, former CEO of Mobil, the world's largest company, said the russians were the best workers in the world. Robert Friedman recently said that his former labor force in Mongolio, Oyu Tolgoi, Turquoise Hill had now distinguished itself as the best bunch of workers in the vast suite of international mines owned by Rio Tinto. I am expecting something similiar to this with our emerging work forces in the Congo and South Africa. Without the discount, we would be double digits right now, with a suite of 200 billions dollars worth of the world's highest grade metals, in each of their respective catagories. (RF said at the recent conference that Platreef ALONE had several hundred billion dollars worth of high grade in situ metals!!!). Over time the stupidity of western investors will change for sure, and up we go. to da moon.

There are many reasons now to get the wild discount offered by Ivanhoe Mines. I will list them soon, all imho but whatever you do, please throw out that ridiculous valuation formulae which is prevalent these days, the 10 years Net Present Value at 8 percent. It is a total scam and will be swept away over the coming years, in bits and pieces, haltingly, over time. I can assure you, the men who run these billions dollar mining companies laugh at it, .....and also remember, the conventional wisdom, like fake financial news, serves a purpose for Big Money. Big Money Only.

blah blah blah

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and, for anybody who loves learning and history, read Barbara Tuchman's pulitzer prize winning The Guns of August, the best history of the 20th century, imho .......u won't regret it.

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