RE:RE:RE:The Chinese scramble to mine AfricaAgreed twogood. But the current action is controlled Barclays. As the market maker, Barclays seems intent on driving the SP down to obtain shares at historically low prices. Between now and year-end, we could see a new bottom.
twogood wrote: perdika, you did not get love in the V.PTA board, and you will not get love
in this board.
Whats your business here if you don't believe in IVN. Or saying IVN has no potential.
Whats your motive.
In the PTA board you were pumping.
In this board, you are bashing from the get go. Sounds Fishy.
For your info, IVN has 3 world-class projects:
Kamoa has one of the highest copper grades in the world
holds the equivalent of at least 45 million tonnes of pure copper.
at cash costs totalling US$1.19 per lb.
Now , the Platreef contains an estimated 28.5 million ounces of platinum, palladium,
gold and rhodium, 1.61 billion pounds of nickel and 794 million pounds of copper,
and an inferred resource of 415 million tonnes grading 3.5 g/t 3PE+Au*, 0.33%
nickel and 0.16% copper, containing an estimated additional 47.2 million ounces of
platinum, palladium, gold and rhodium, 3.0 billion pounds of nickel and 1.5 billion
pounds of copper. And that is massive.
So, great projects finances itself. Once commodity prices starts to move up,
RF will have no problem financing world class projects.