Ivanhoe Mines Ltd. T.IVN

Upside leverage to copper

[Notgnu]

The largest risk reward benefactor of the recent increase in copper is NCU (Nevada Copper.) Yes, risks still do exist but the upside is now huge by comparison.

I have been in CMMC, some TKO, HBM and constantly consider some IVN but as of the last month I have moved all my copper money into NCU and eventually (if the gambit pays off) in maybe 3 months will diversify into the above and some IVN.

Regards to the board here,
Notgnu

[alvarez2]

Why not own the best ? IVN

[Notgnu]

It is definately safer to own IVN or CMMC with completely established operations and somewhat predictable and measurable cash flow...this is true. As far as reward goes NCU (for a number of reasons that would require careful consideration) could quadruple in 3 months so if you expect IVN to be $18.00 to $24.00 in Mach 2020 then yes IVN is hands down the best... risk vs reward is the gambit. See

[alvarez2]

[alvarez2]

Peerless among copper giants.........checkout the comparison of value/tonne milled against the competitors in the chart. That's why you want to own it !! https://www.mining.com/ivanhoes-congo-mine-productivity-peerless-among-copper-giants/

[Notgnu]

I agree with you that is a fantastic mine and in the long run will be great.  Share appreciation opportunities have a somewhat different set of calculations. When a commodity price goes up for unhedged sellers it is the high cost producer that benfits more on a percentage basis Company A produces copper at $0.00 per pound (maybe due to gold credits) Company B produces copper at $2