Ivanhoe Mines Ltd (IVPAF)

[tootalljones]

Another comparison: In June of 2016 Fortuna Mines of Mexico purchased a gold resource for a property in Argentina, where FSM will need to build the mine over two years, and also build a work force.

This Lindero project MORE THAN DOUBLED the entire metals resource of Fortuna.

Fortuna has a current market cap that is more than half of Ivanhoe's cap.

Note also, in this release Fortuna used the much more favorable discount of 5%, as opposed to the ridiculously conservative 8% discount factor used by Ivanhoe in evaluating its own projects and reducing them to a NPV.

These factors suggest that our Kakula resource is 25X the value of Fortuna Mines en toto. Probably a lot more. Kakula ALONE....and yet our entire Company, all of its 4 world class projects, shows our market cap to be not even DOUBLE of Fortuna's............

This is so friggin cheap it is ridiculous. If Fortuna is judged by the Market to be worth slightly more than a billion dollars, we should be upwards of 100 billion for our entire company. Not 100 billion, upwards of 100 billion. Something is very screwed up. I do not think Fortuna overpaid, as they have excellent management and are considered conservative operators, and neither does Analyst John Doody who runs his own company and has been evaluating miners for over 20 years with exceptional track record.

Mr.Market is comatose, but gradually he must awake. POSITIVE.

http://www.fortunasilver.com/s/news_releases.asp?ReportID=763707