i found it. It is Ivanhoe. FINALLY!! In the past year, since selling biotech superstar and now flame out Anavex, I am sure I have traded 80 million dollars worth of stocks; dozens upon dozens upon dozens of stocks, being wrong so many times. I have no doubt it is probably as much as 100 million dollars in stocks. Probably more I am ashamed to admit. Throwing them out, after having bought them, because they are no good or just average or just pretty good. My accountant is going to kill me, looking every friggin day for the next anavex. A real anavex, if you know what I mean.
I have found it finally; it checks all the boxes.
What this company owns is simply incredible; I have been a precious metals investor since 2001, owning between 50 and 100 companies in that time period, some not for very long, throwing them out on the slagheap, unsatisfied and trying not to get destroyed.
Looking and Looking. Looking and losing money. losing money looking. Still, to be fair, this year, where I have been particularly incompetent, I have no doubt that several of these companies will in their own right become great investments........
but with Ivanhoe I have found the one. It is Ivanhoe. It checks all the boxes and basically, is being given away for free, with a future brighter than any resource company I have ever come across.
It took me a while, like about a month, to see it, which is when I first heard of Ivanhoe Mines, but even then I did not grasp was truly for sale. Finally I bought about 2 weeks ago, and didn't still understand what is going on here, and what will go on, which is the critical question. Still I did not understand, but like a golden retriever on the hunt for a bird, I was amazingly intrigued. I was sorting and sifting at the same time through other good companies, but Ivanhoe really stunned me.
conclusion:
I have never come across a company that owns what Ivanhoe owns, and really, none even close to what it owns, given its share price. NOT IN THE LAST YEAR, since I cashed out on Anavex, and not in this century, since I first began buying and selling resource companies. Not a company even close.
