David Burrows Ivanhoe Mines Ltd IVN-T BUY Sep 04, 2024

Big fan for a long time. Wonderful stock, and this should continue for people who can psychologically adjust to the perceived, and real, political risk of operating in the DRC. Has met and exceeded all guidance for a very long time.

A rough couple of months on the heels of a truly spectacular decade. Owns one of the most profitable copper mines in the world. No longer cheap. Political risk. A major mining company in the making, so he keeps holding.

One of the most expensive mining companies, with valuation along the lines of Google. He targets $7.68, so more downside, but would buy at that level. Will higher costs impact their next earnings report?

Depends on if you're a speculator or investor. Electric has changed mining by using their Typhoon geophysical technology to apply to deposits around the world, so this is a spec buy. That technology could be game-changing. The Mines is far more senior with existing operations in Congo and South Africa, so it's an investment.

Continues to like the stock - one of top picks. Very strongly correlated with copper prices. Excellent pick. 

Very large shareholder. Fan of management team. Expecting higher copper prices going forward. Electric demand growing steadily. Would recommend for the long term shareholder. New mines being completed globally. Raising capital for new projects - very bullish. 

Expensive at 42% above its fair market value. Also, it's exposed to Africa. It may be fine there, but the growing nationalism worries him.

Most successful stock pick ever. Great way to get copper exposure. Geopolitical risk, but deposits very good. Several expansion options about to open. About to open new Zinc mine in Southern Congo as well. Excellent management team with track record of success. 

Still likes it, given where we are in the cycle. Copper still has some room to run. Consolidating here, but expects it to break out to new highs either this year or early next. Same applies to TECK.B.