RE:RE:What is your take?SEA has found a lot of tons of low grade material that has a very small chance of ever becoming a mine.
Ivanhoe has found lots of tons of high grade material that would make a mine at any time in the commodity cycle-not only one mine-but three.
SEA cannot get anyone to step up to the plate and put money into their projects other than a few private investors who have swallowed the mushrooms and are dreaming in technicolour. The big boys have had a look and walked away.
Ivanhoe has money from the Chinese and the Japanese quasi private/government mineral companies and have not had to dilute to get additional development funds to move the projects forward.
I have a problem even beginning to look at SEA as anything other than a dream while Ivanhoe is the real thing.
As an aside I have money in SEA's neighbor-PVG. There is a lot more in common between IVN and PVG. as both will be profitable as they will be lower quartile producers when they get up abd running. PVG in 2017 and IVN in 2018/9