Ivanhoe Mines Ltd (IVN)

[ryanonthevedder]

Things looking good in Nelson Mandella's back yard! Test shaft is being built and is fully financed.

INV sold 8% of Platreef in 2011 for $280 million. That would suggest the project is worth $3.5 billion. Market cap is $2 billion, and they have two other major projects on the go.

BTW Platreef is suggested to have 47 million oz of PGM, 3 billion lbs of nickle, and 1.5 billion lbs of copper.

http://ih.advfn.com/p.php?pid=nmona&article=59125126