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Re: None

Thursday, 10/13/2016 7:48:19 AM

Thursday, October 13, 2016 7:48:19 AM

Post# of 1317
five years from now, with the first phases of platreef and Kamoa/kakula up and running, it is not terribly difficult to see a billion dollars in net revenue.
this is at current prices, and our percentage ownership only;
this does not include Kapushi, which is merely one of the very richest mining projects in the world, lb for lb.

The second phases of these mines, and the numbers become quite ridiculous.

As metals regain their old historic highs at some point, and they definitely will, the numbers become obscene.

Many of the current mining giants, in the copper and platinum areas, who now have market caps that are ten or twenty times the cap of Ivanahoe, will be nothing but dwindling concerns by that time, as we blow past them like the Juggernaut. They are the old bricks and mortars of the world, the SEARS and Roebuck, while we are the Amazon.com At some point this will dawn on the market, and you will see fund money leave these dying, money losing companies, and flock to Ivanhoe. The mining industry money is old and backward but not totally stupid. If this were software industry, where the concept of a disruptive technology is understood, our market cap would already be higher than these old giants, or closing in on them fast.

http://img10.deviantart.net/01e8/i/2010/230/8/8/juggernaut_select_screen_color_by_mikael123.png