Q: hi folks:
i have done well with IVN over the years, yet i admit i am losing my nerve.......
understanding that they likely do have the 'best and most profitable' copper mine in the world, the 'potential' drc political situation worries me more than any future profit potential
keeping in mind that everywhere has some political risk, what would your recommendations be for continued copper exposure ?
(i own a full position in CS as well)
thanks once again; always appreciate your advice and analysis
i have done well with IVN over the years, yet i admit i am losing my nerve.......
understanding that they likely do have the 'best and most profitable' copper mine in the world, the 'potential' drc political situation worries me more than any future profit potential
keeping in mind that everywhere has some political risk, what would your recommendations be for continued copper exposure ?
(i own a full position in CS as well)
thanks once again; always appreciate your advice and analysis
5i Research Answer:
IVN certainly does have risks, and it has been squeezed by the government before already. But as we've seen in Panaman, governments can royally cause problems. A safer copper name would be LUN or FCX.