Ivanhoe Mines Ltd (IVPAF)

[tootalljones]

nice post by Chintzy who is very smart:
chintzy

November 25, 2016 - 12:06 PM 80 Reads
Post# 25513869

Zn
Man look at zinc today... at 1.35 zinc the NPV(%8) of just Kipushi goes to over 1.25 billion... and it is going toward 1.35 rapidly. Net out cash of about 425 million and this stock price values BOTH Kamoa/Kakula and Platreef at about $200 million. Enormous undervaluation even by conservative valuation metrics.

Read more at http://www.stockhouse.com/companies/bullboard?symbol=t.ivn&postid=25513869#C3WMoe05P0ZIdB8Q.99

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It is truly impossible to rate Kamoa, Kakula and Platreef as an accountant would. I realize financial guys have various formulas, but with long life mines: 40 years and more, you can throw these formulas out the windows. As an example, russia today has a near unlimited supply of low cost gas and oil. If a wallstreet guy were to value it, he would simply put a metric on it for the next 15 years, and also say there is an 8% discount ad infinitum, whicih is also hilarious. I get 1% in the bank. or thereabouts.
The only way to value these 3 is to think like a long term thinking executive in the metals industry. A guy who is not all about his own compensation package over the next 3 to 5 years. (5 to 10 years ok). These guys know the value of a Tier One asset, if they are straight shooters. Also the chinese know, as they do not think like a north american exec. They see the long long term value, and I believe, are slowly, steailthily, locking up all major resources 20 years and more hence. Outthinking the dummies of the west.