Ivanhoe Mines Ltd (IVPAF)

[JB3729]

A little love from Rick Rule –

Andrew Nelson: On the note of high quality companies, what are your largest positions you are holding in your personal portfolio that are resource focused?

Rick Rule: The largest speculation of my career by cost is Ivanhoe Mines (TSE: IVN) which of course was presenting at the Sprott Symposium back in July 2016 in Vancouver, BC. It is a very large position for me. To be honest, I just can’t help myself as the quality of these deposits relative to the enterprise value (Market Capitalization minus Cash), is so extraordinarily out of balance, that I just can’t help being speculatively inclined towards this company.

http://www.mining.com/web/sprott-urging-clients-to-hold-physical-precious-metals/