Ivanhoe Mines Ltd (IVPAF)

[tootalljones]

twogood September 20, 2016 - 01:09 AM
Post# 25254699

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Strong Statement
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.

RR has been talking high about IVN since 2012-2013.
He is sure of a big payday. And, not in the long term. Maybe in the next 2 years.
If he can wait for that, we can wait too.