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Re: JB3729 post# 827

Saturday, 03/18/2017 2:37:18 PM

Saturday, March 18, 2017 2:37:18 PM

Post# of 1317
delighted if the price of Platinum stays at current levels for the next couple years. As RF has stated, they are being driven out of business. The cyclical nature of commodity metals is perfect for Ivanhoe.

PS: RF said we will be mining "by far by far" (his words), the highest grade stuff, for the first years. ...I am expecting costs SUB 300.
we shall see.
anyway you cut it, we are looking at 700 bucks profit on every single ounce. this is levels above the entire gold mining precious metals industry.
Gold miners have costs of 800 and sell today at 1200.
Our costs will be 250 to 300, and we sell at 1000
And we have LIMITLESS PRODUCT TO SELL..........unlike any gold miner on the planet.
We will dominate the global market. In Plat and Paladium.
and also in copper, a market that is 50X as large, the world's largest metals market. THINK ABOUT IT.
and don't forget our zinc asset which is otherworldly.
This is all going to happen
We just need to have a time horizon that investors had in the last centry.
They were not the modern hyper trader freak quant grab a ten cent profit types. Big money wins. and contrary to Gordon Gecko says, it sleeps very well.