Ivanhoe Mines Ltd (IVN)

[tootalljones]

I would welcome any shareholder to my company, ivanhoe Mines, which is just now about to begin a tremendous run from severely beaten down prices. A 1.1B fully diluted market cap, with 550 million plus in the bank; a PE of 1. They have currently about 200 billion, yes billion! in contained metals, but this too will be expanding as their deposits are seeming almost endless and are still being drilled. This is what one might expect from two TIER ONE DISCOVERIES.....In the minerals industry, there are 1.5 Tier ONE discoveries per year, spread out amongst perhaps a thousand or more explorers and producers: Ivanhoe Mines has two such properties. Its platinum/palladium/gold/copper deposit has almost 100 million ounces and the ceo says it is the largest precious metals deposit in the world; its copper discovery is without any doubt the richest (and quite possibly the largest or second largest) copper deposit ever discovered in the history of mankind. It also has a smaller (although very valuable) third property that is "comfortably" more than twice the grade of the next richest zinc ore body in the world, and 8 to 10X the zinc grade of any property in North America. It is building 3 mines on its three properties, simultaneously. It has two partners on its tier one discoveries, the chinese and japanese, respectively. Zinc is just entering a bull market. Copper is projected to commence suffering an acute shortage that will last as far as the eye can see, in about 3 years from now, and for the decade of the 2020s according to multiple authorities as the world continues to develop and simply must have copper. This is precisely when its copper mine will open its doors for business, so they would appear to be timing the next copper cycle so very perfectly, a huge consideration. They are building their mines now when labor and raw materials are dirt cheap, relatively speaking, but copper and precious metals are projected to go to the moon as this decade closes, again, precisely when its copper and prcious metals MEGA PROJECTS hit the ground running. It has taken ivanhoe almost twenty years to find these three deposits. NOW they are building them, with perfect timing of this cycle, as copper zinc and precious metals producers the last five years have gotton killed, selling at way below costs, and effectively ending the competition. Ivanhoe on the other hand, is now building its three properties, with impeccable and very fortunate timing indeed. Management: A guy by the name of Robert Friedland, recently inducted into the Canadian Mining Hall of fame for previous discoveries. He is considered the greatest single mining entrepeneur in the last 20 years. O yes, two years ago he bought 25 million shares at higher prices and he owns 23% of the company. He is a mega billionaire. The company has about 650 employees, cash burn of around 35 million per quarter but I expect this to be ratching up significantly as Ivanhoe builds out these three mining projects. One of the properties is in South Africa, the other two in the Congo, which now has about 150 mining companies in the country, several very large, and likes to think it will be developing the world's biggest mining culture. We shall see. The stock is a buck and it should be around 5 bucks right now, and it will get there. It has the richest zinc project in the world, and the two greatest projects in their respective catagories: precious metals and copper, on the face of the planet. All cashed up and the copper project is effectively fully financed already. do the DD. You won't regret it. Buy CCJ in 2018 at far lower prices. I expect ivanhoe mines to be in double digits or thereabouts by then, and I will sell 10 percent of my stake and buy ccj at 5 bucks, from its current price of about 9.50, as uranium is in a severe bear with no end in sight........my plan........anyway, consider ivanhoe and you won't regret it.
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