Ivanhoe Mines Ltd (IVPAF)

[tootalljones]

Chintzy says 50% s/p increase in next 3 months. He is astute investor in this sector for sure.
chintzy

March 11, 2017 - 12:57 AM 213 Reads
Post# 25967335

5 starsv
RE:10% world copper production offline
I don't normally care too much about the SP in the short term but this next couple of months could be a great ride. Here is what is coming up on the IVN menu:
Kakula: drill results (any day now).
Kakula: updated Mineral Resource Estimate (early Q2)
Kakula + Kansoko: updated/combined PEA (Q2).
Kipushi: PFS (Q2).
Platreef: FS (Q2).
Kansoko: twin declines to intersect orebody (Q2) then equipment will be re-deployed to Kakula.
Not sure if Kakula drill results will be come out as included with the Resource Estimate or on their own. No matter, this is quite the lineup of sluggers coming up one after the other starting very soon. And then the backdrop of %10 of Cu production going offline while 2-3 probably blockbuster reports come out involving Kakula, look out.

Likely to get some general volatility next week with FOMC, debt ceiling, and Dutch election all on Tuesday but IVN should fight through that then make a strong move higher this spring propelled by this great pipeline of news. Has any mining company ever issued a series of reports of such weight as this within less than 3 months? Hard to understand a decision to sell in advance of this especially because they could come in rapid succession in the next several weeks (except Kansoko orebody contact).

Prediction: $6.25 SP by June assuming all listed milestones are achieved and the Trump crash hasn't happened by then.