RE:RE:RE:RE:RE:I see NUTCASE I LOOSING IT ON THE IVN BOARD LOLYes, Ivanhoe has some fantastic properties and, as you well know, I habve not bashed thenm at all. It is only a matter of share price growth. If all those great properties were in Nevada I contend (not bash) that IVN would have a market cap (today) $13 to $15 billion.
Taking $14 billion as a case study and comparing to NCU makes IVN have 23 X Enterprise Value of NCU.
Is IVN worth $14 billion if it were in the USA? Yes, it is. Is IVN worth $10 billion in the DRC? Again, yes it is.
Is NCU worth a lot more than 1 / 23 rd of IVN? Again, yes it is. NCU is agruably woth 1/8 to 1/6 of IVN today, and it will close that gap.
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topadvisor1 wrote: The real answer is; it is hard to determine short term moves like year end, because IVN will pogress us on their production from K&K, their Platreef dvelopment and financing, their Kipushi project, we are expecting a major stock exchange listing and the REAL SURPRISE will be what we have on our Western Forelands. with 60, 000 meters of drilling this year, the depths are between 150 and 450 meters so i took around 400 meters as the average, so that is 150 holes or probably more.
As you see, many things on the go for IVN, but to answer the question about next year, well you tell me what a stock like I just showed you could do by than, especially since we will have started our second mine we are curently building, doubling production as well. Than there is the price of copper. If it continuous to move up, who knows where it will be by than, but with ALL the things IVN is doing I personally would be very surprised if we were under 20 dollars. I almost forgot, I also fully expect that IVN will announce the 3rd expansion and the building of the smelter by than and would have started ground work.
So many things to look forward to, people who know this company and understand RF's intentions,
will be VERY VERY HAPPY. Hope this helps a bit, but talking to people who are very well off and have been in the mining buiseness for many decades, they ALL say that there has NEVER been a company with 3 TIER1 ASSETS and SO MANY THINGS GOING FOR IT. Once in a 100 year,once in a lifetime stock and many due to their ignorance will simply miss out on it. IVN is something to tell your kids and grandkids about. IT'S THAT GOOD OF A COMPANY. Have a look at their website, which is by far the best one people have seen and look at their presentations and photos for the last year. IVN updates it's shareholders regularly and moe than any other stock you know about. There is one for every month and that will tell you what kind of a company this is and what type of good people are involved with it and also what they are and have done for the local people and the communities. First class all the way from where I sit.
You decide if it is what I just wrote.