RE:RE:Cu Chart - Jan 2022 $5.62Now you've got it Sugaree. As I stated previously, my $10.15 share price projection is being assisted in the upward swing in the price of copper.
Again, $5.00 copper is a foregone conclusion at this juncture.
My very short term previous $5.00 call on the copper price is, as I clearly stated, far too conservative on my part.
Realistically, I expect copper prices to move intrmittently, and at times all at once, upward well beyond the $6.50 to $7.00 price point.
The rest of the global copper miners are moving far too much tons of material just to retrieve and process very low yielding concentrations of copper; not Ivanhoe. Not at KK and certainly not at WF.
Ivanhoe Mines Limited controls plenty of high concentration copper bearing ground (highest concentration of copper containing ore in the world) surrounding KK; all this within what is considered by those in the know to be a entirely new mining "district', in Congo. the amount of money and resulting wealth, health and prosperity which Ivanhoe Mines Limited's projects and operations is to provide for the people of Congo will be simply astounding.
If you don't think this company's shares are going to be priced at well above a near term $15.00 (and $15 dollars is already baked into the equation); sell your shares right now and simply leave. You can bet your 'assets that institutional investors will be stepping over one another to buy your shares on your way out, at a meager $9.44.
$9.44 is a steal of a deal; and the entire copper sector participants will collectively come to recognize such a fact.