RE:RE:RE:RE:mudguy - is IVN worth 30 times more than MIN?Looks like MIN and IVN will both produce copper at an all-in cost of around $1.25/lb. (Look at IVN board since I asked about the all-in cost over there.)
IVN will not be undercutting MIN. (They will produce way more copper.)
Like you, mudguy, I think near term MIN has more potential.
Just thinking, if they both have the same all-in cost, and IVN has 30 times the MC as MIN, then IVN should produce 30 times the copper per year as MIN, or 3.75 billion lbs per year. I don't think all of Ivanhoe's mines together will produce that much, even counting the copper equivalent of zinc and other minerals they mine.
I think I will stick with MIN for the time being, even if I do have all my eggs in one basket.