Ivanhoe Mines Ltd (IVPAF)

[tootalljones]

TopAdvisor, who got me into this stock, says 15 bucks in a few years for only K and K.....not Platreef or Kapushi.
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topadvisor1

October 12, 2016 - 09:55 PM 332 Reads
Post# 25337697

RE:what should the share value be at?

Well, let's see now. I think I mentioned and shown this a few times before, but somehow, we have too many SHORT TERM THINKERS HERE. Based on the CURRENT indicated and inferred, by my count, we have roughly 75 BILLIUON POUNDS OF COPPER in the two deposits. Now Kakula only had 31,000 meters done so far, but based on the news release, they are planning to drill an ADDITIONAL 60,000 METERS. So, it is a simple back of the napkin calculation, since we have based on the current drilling delianated a resource of about 25 billion pounds indicated and inferred, than we should after the drilling is over have OVER 100 BILLION POUNDS OF INGROUND COPPER IN BOTH DEPOSITS. I would say more, but let's keep it simple for some who need it that way. HEHEHEHE. Now, IVN owns roughly 50% or 50 Billion pounds and we will for the sake of argument use 3 dollars a pound as the long term average price. That means we should have an inground value next year of about 150 BILLION DOLLARS. Remember people, this os only for Kamoa and Kakula. Now we will use a modest 6% potential buyout price and WHALLA, we come up with about 9 BILLION DOLLARS. Now with the CURRENT shares out of about 800 million, we come up with well over 11 dollars per share for IVN'S portion only. Get the picture now ????? So stay in this for about 2 to 3 years and get at least 15 dollars per share since I fully expect this to be trading around those levels and possibly higher, depending on the commodity prices at that time and investor exuberance and so on. BE PATIENT and forget about the daily fluctuations. No big deal, just keep your eyes on the BIG PRIZE which will come, but later.

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