Ivanhoe Mines Ltd T.IVN

IVANHOE IS GOLD

[liquorwolf]

Ivanhoe is holding its own, but the company is not all copper. Remember, they have the equivalent of 180 million ounces of gold at Platreef. By the day, as gold rises, their property becomes the crown jewel in the portfolio. We own 64%. 

• Planned initial average annual production rate of 476,000 ounces (oz.) of platinum, palladium, rhodium and gold (3PE+Au), plus 21 million pounds of nickel and 13 million pounds of copper.
• Besides the 3pe+au which in itself is worth somewhere in the vicinity of  $600 million, the nickel and copper kick in another $250 million. So boil this down to how much is Platreef worth. My guess is anywhere between $5 and $10 billion USD. IVN's mkt cap is $10 billion. You are buying it at half price. Then throw in Western Forelands, Kipushi and Makopane and at the least they are worth $1 billion. 
• Take this to the bank at $25 per share before the year is out. 

[Drksideofmoon]

Yes and very exciting that it looks like the Platreef mineralization came from the Mokopane Feeder zone that we now have added about 80sq km of, as 100% Ivanhoe with initial exploration drilling mid year.