Hello Paul, <<IVAN>> … to mark the copybook and give you a different perspective, FWIW.
60% of my business time is helping overseas investors invest in and/or buy from China, and 40% of my time is spent helping others to get out. The revenue split between the two activities is about 50/50, which speaks to the leverage on negotiations of compensation for the want-ins vs the get.me.outs :0)
My work cuts across industry lines, and I have worked on manufacture ring, financial services, mining (gypsum), real estate, and infrastructure projects, as well as some trading/sourcing deals.
By way of self-introduction on where I am coming from and what I do:
Message 14861804 <<November 22nd, 2000>>
… and Message 16172978 <<August 6th, 2001>>
I have seen too many investors swaggering into China, laughing, happy, intoxicated, and feeling good about the world, and I have seen too many ‘divestors’ wounded, despondent, crying, carried out on a stretcher, wanting out at just about any price.
While I think both Ivanhoe Mines and Ivanhoe Energy are good for speculative money, and may both do well, but between them, I am more willing to bet on the longer-term future of Ivanhoe Energy than I am willing to wager on the prospects of Ivanhoe Mines, because the riches of Ivanhoe Energy are more dependent on cooperation of big central-level Chinese partner outfits, friends and allies, while the wealth of Ivanhoe Mines are more at the mercy of local-level Chinese tithe collectors and highway men. The two different businesses deal with distinctly different sorts of Chinese partners (in the broadest sense, partners as in philosophical allies, equity partners, allies, friends, buyers/sellers).
Message 19168402
August 1st, 2003
Message 19322256 <<September 19th, 2003
… I grabbed some Ivanhoe Energy uk.finance.yahoo.com at USD 1.89/shr>>
Message 19323643 <<September 19th, 2003
… I bought more dollops of Ivanhoe Energy … to make my position a full tranche at USD 1.94/shr>>
Message 19341602 <<September 25th, 2003
… I commanded my troops to de-camped these Ivanhoe Energy … for USD 2.93/shr … figure I will be able to raid IVAN after a cool down.>>
Chugs, Jay |
